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.
Disclcaimer: The information provided within this article is general information only. None of the comments in these notes are intended to be advice, whether legal, financial product or professional. You should obtain specific advice regarding your particular circumstances from a tax or legal professional.
Copyright © Wilson & Assoc Pty Ltd. All rights reserved.
