The NSW Government will encourage domestic and international business into NSW through payroll tax relief as part of a new $250 million Jobs Plus Program, which is part of the 2020-21 NSW Budget.

Under the Jobs Plus Program, the NSW Government will provide support to businesses if they create at least 30 new net jobs and those who want to relocate their head offices to NSW, or expand their jobs footprint in NSW.

Premier Gladys Berejiklian said the new program would create or support up to 25,000 jobs to 30 June, 2022.

Treasurer Dominic Perrottet said the $250 million program will reduce the cost of establishment, financial risk and speed to market for businesses looking to scale and grow in NSW.

The Jobs Plus Program will commence 15 December 2020 and conclude on 30 June 2022. 

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