Some additional flexibility is being provided when it comes to passing the decline in turnover test to access the NSW COVID-19 business grant, JobSaver and the micro-business grant.
Service NSW has updated their website which now indicates that businesses and non-profit entities can pass this test if they can show a decline in turnover of at least 30% due to the Public Health Order over a minimum 2-week period within the relevant test period compared to:
- The same period in 2019;
- The same period in 2020; or
- The 2-week period immediately before the start of the relevant test period.
The test period is dependent on which payment you are applying for:
- COVID-19 business grant: 26 June 2021 to 17 July 2021 (this is changed to 27 May 2021 to 17 July 2021 for entities on the NSW border with Victoria);
- JobSaver and the micro-business grant: 26 June 2021 until the Greater Sydney lockdown ends.
Whilst this additional flexibility is particularly helpful for entities that have commenced business activities since the comparison period in 2019 and for entities that have undertaken an acquisition, disposal or restructure, Service NSW has confirmed that these new comparative tests are available to all businesses.