Additional Restaurant Return-to-Work Credit (Articles 9-A and 22)

For tax years that include December 31, 2022, an additional refundable credit may be available to New York State small business restaurants that were impacted by COVID-19. Empire State Development (ESD) administers the credit to eligible businesses by issuing tax credit certificates.

If you were approved for the 2021 Restaurant Return-to-Work Tax Credit, you may be eligible for an additional tax credit of $5,000 per new worker hired, with a maximum available credit of $50,000 per business. Credit recipients may also be eligible to request an advance payment of the credit if they meet certain requirements. Refer to the ESD website for details.

For more information, see: Additional restaurant return-to-work tax credit (for 2022 tax years) .

[Part KK of Chapter 59 of the Laws of 2022; Economic Development Law §§ 472, 474, 475-a; Tax Law §§ 46-a, 210-B(56-a) and 606(nnn)]