Business advice
and accounting

Our purpose is to help you on your journey as you grow. Learn more about our history, partners and purpose.

Our purpose is to help you on your journey as you grow. Learn more about our history, partners and purpose.

Your partners for Business Service and Advisory, Taxation, Audit, Fraud and Risk.

Whatever your business, industry or family office, from local or international institutions we bring extensive expertise.

We're one team with a purpose and passion for what we do. Learn about our culture and career opportunities available to you.

Uncovering insights, trends and inspiration to help business grow in an ever-changing world.

We are always looking for ways to engage and give back to our community.

Telephone: +612 9283 1666
Email: [email protected]

Level 13, 68 York Street,
Sydney NSW 2000

Why us

Our purpose is to help you on your journey as you grow. Learn more about our history, partners and purpose.

What we do

Your partners for Business Service and Advisory, Taxation, Audit, Fraud and Risk.

Who do we help

Whatever your business, industry or family office, from local or international institutions we bring extensive expertise.

Work with us

We're one team with a purpose and passion for what we do. Learn about our culture and career opportunities available to you.

What we think

Uncovering insights, trends and inspiration to help business grow in an ever-changing world.

Working to give back

We are always looking for ways to engage and give back to our community.

Contact us

Telephone: +612 9283 1666
Email: [email protected]

Level 13, 68 York Street,
Sydney NSW 2000

JobSaver changes again – Gladys cuts the purse strings

10 September 2021

by David Prichard

As at 5pm on September 10

The NSW government has updated the rules concerning JobSaver eligibility on an ongoing basis with a view to winding back eligibility.  The timing of this change could appear to be seen as fortuitous given the dropping of the 11am press conference as announced today.

Previously, once the JobSaver criteria had been met, there was no ongoing need for retesting to receive the fortnightly payments.  With effect from 30 August 2021, this is no longer the case.

ServiceNSW will be issuing reminder emails (these may really be notification emails) for entities that are currently receiving JobSaver to advise that they need to reconfirm they meet the tests.  As such, to receive a payment for the period from 30 August to 11 September* taxpayers will need to confirm that they:

> Have continued to experience a decline in turnover of 30% or more, compared to:

  • the same period in 2019, or
  • the same period in 2020, or
  • the 2-week period immediately before lockdown started in your area

> Are maintaining the employee headcount stated in the application.

The testing periods operate within the same framework of the original testing criteria, however, this is now required to be revisited fortnightly.  As such, if a taxpayer’s fall in revenue has recovered to 29% below the base test level, then they would no longer appear to be eligible.  There is no guidance (as yet?) for taxpayers who have a slight recovery for one fortnight and are not eligible and then meet the criteria in a subsequent fortnight – can they re-register?

It is noted that the period now appears to be a fixed two week period rather than a minimum two week period.  Importantly, in performing the testing for this period the testing needs to use the same year as in the original application.  For example, if in the original application 2019 was used as a base period then the retesting for this period would need to be for 2019.

The reminder emails will be issued by ServiceNSW every two weeks to confirm ongoing eligibility in order to receive ongoing support payments.

This new criteria represents yet another change in the shambolic deployment of what should have been seen as a gold standard support scheme.  Given the significant ongoing uncertainty, such timing of the removal of support is unwelcome at best.

Should you have any questions please don’t hesitate to reach out to your Engagement Partner.

*Please note ServiceNSW have provided a further update since this newsletter was released. ServiceNSW have agreed to provide a grace period for the first fortnight to reaffirm eligibility. As such, it appears businesses will need to reconfirm their eligibility from September 10 – please stay tune for more updates and if you have any questions please reach out.