You might have received a slightly panic-inducing email on Friday from Services NSW, informing you that you would have to prove your decline in turnover fortnightly to continue receiving JobSaver payments. We are here to tell you to not add this particular stress to your plate!
This change was made without consultation, resulting in backlash from accountants and other business professionals. Services NSW have therefore announced a grace period, meaning that this is not required for the fortnight beginning 13 September 2021. In the next few weeks, professional accounting bodies will be meeting with the NSW government to discuss workarounds or alternatives to this new fortnightly retesting.
We will keep you updated as we learn more about the changes . Be assured that the professional accounting bodies have our backs (and yours too)!
Also, if you have not yet applied, but think you might be eligible for the NSW 2021 COVID-19 Business Grant (check eligibility here), please note that the application deadline has now been extended to 1 October 2021.