Employers (including not-for-profits and self-employed persons) will be eligible if:
- Your business has an annual turnover of less than $1 billion and you estimate your turnover has (or will likely) fall by 30% or more.
- Your business has an annual turnover of $1 billion or more and you estimate your turnover has (or will likely) fall by 50% or more.
The fall is compared to the same month or 3 months (depending on the reporting pattern of the business) of last year. However, the Tax Commissioner does have discretion to consider other information and to set alternative tests to establish eligibility in specific circumstances. There will also be some leeway where employers estimate, in good faith, that the business will have a greater than 30% (or 50%) fall in turnover, but their numbers show a reduction of slightly lower than this threshold.