Wilson & Assoc Chartered Accountants

NSW Government COVID-19 Financial Support for Individuals

COVID-19 Disaster Paymeent

Have you or your family been highly affected by COVID-19? You might be eligible for the NSW Government’s COVID-19 financial support payments for individuals.

If you suffer income losses due to COVID-19 restrictions, you might be eligible for the COVID-19 Disaster Payment of –

•  $600 if a person has lost 20 or more hours of work a week

•  $375 if a person has lost 8-20 hours of work a week.

You may be eligible to get the COVID-19 Disaster Payment if:

•  You live, work or have visited a COVID-19 hotspot, lockdown or period of restricted movement.

•  You cannot attend work because you were in a COVID-19 hotspot and subject to restricted movement whilst having paid employment.

•  You don’t have appropriate paid leave entitlements

•  You aren’t receiving any income support payment, pandemic leave disaster payment or a state pandemic payment.

Pandemic Leave Disaster Payment

You may be eligible to get the Pandemic Leave Disaster Payment if:

•  You have been told to quarantine or isolate due to being a close contact of a confirmed case

•  You are caring for someone with COVID-19

Crisis Payment

If you are in severe financial hardship, you may be eligible for:

•  Crisis Payment

•  Crisis Payment for National Health Emergency

Other financial support

If you need longer term financial help, you may be eligible for various income support payments such as:

•  JobSeeker Payment if you are 22 years old and older currently looking for work

•  Youth Allowance if you are 24 years old or younger looking for work

•  Parenting Payment if you are a job seeker with young children

•  Family tax benefit if you are caring for a child

•  Special benefit if you are not eligible for any other income support payment

Fine Reduction

The NSW Government has also introduced a 50% fine reduction. To be eligible you must:

•  Be on government benefits at the time of fine issuing

•  Apply for a fine reduction through Revenue NSW before the fine is overdue

•  For more information: https://www.nsw.gov.au/news/financial-support-for-paying-and-resolving-fines

The NSW Government has also introduced a 50% fine reduction. To be eligible you must:

•  Be on government benefits at the time of fine issuing

•  Apply for a fine reduction through Revenue NSW before the fine is overdue

•  For more information: https://www.nsw.gov.au/news/financial-support-for-paying-and-resolving-fines

Source: Service NSW

About Wilson & Assoc

Wilson & Assoc Chartered Accountants provides taxation and business advisory services to individuals, investors and businesses wherever you are based. We provide specialist services to startups and health care providers.

If we can help in any way, we’d like to hear from you.

DISCLAIMER

Information provided on this website is general information only and should not be treated as professional advice.  You may not rely on the basis of currency or accuracy of the information. We disclaim liability to all persons or organisations for any loss or damage suffered as a result of such reliance.  Please ensure you contact us to discuss your particular circumstances and how the information provided applies to your situation.

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