February 28, 2022

Small Business Support Program – NSW Government 

The 2022 Small Business Support Program will help businesses with cash flow, expenses and staffing costs.

To be eligible, your business must have a $75,000 to $50 million turnover and show evidence of a decline in turnover of 40% or more in January 2022. You’ll also need to have had a 40% or more decline in turnover from 1 to 14 February 2022.

Businesses with employees can receive 20% of weekly payroll as a lump sum for the month of February, with a minimum payment of $750 per week and a maximum payment of $5,000 per week. And sole traders or businesses without employees can receive $500 per week.


To be eligible for the 2022 Small Business Support Program, your business or not-for-profit organisation must:

Alternative circumstances
If your business does not meet all the eligibility criteria, you may be able to apply for the 2022 Small Business Support Program if you can provide evidence to support the alternative circumstances outlined in the guidelines.

Application Process 

To apply for the 2022 Small Business Support Program, you’ll need to declare that you meet the eligibility criteria, and:

If your business is not on the list of industries directly impacted by public health orders, you’ll also need to:

Note: you do not have to provide evidence of your decline in turnover for the month of February 2022, but you must declare this decline in turnover when you submit your application.

Businesses submitting an Australian income tax return for the year ended 30 June 2020 as proof of aggregated annual turnover may be asked to provide additional proof that they operated in the 12 months prior to 31 January 2022. This may include:

If you are a non-employing accounting business (for example, sole trader) you must submit a letter from a qualified accountant, registered tax agent or registered BAS agent that is not an employee or director of your business, an associated entity of your business, or a director or employee of an associated entity of your business.

If you would like to discuss the program further please contact your accountant at SBP.

Other news.

We look forward to partnering with you in business

Contact us