Businesses will be able to access the boosted $150,000 instant asset write-off scheme for a further six months to the end of the year. By way of background, as part of its emergency COVID-19 fiscal package, the government quintupled (from $30,000) the value of assets businesses were able to instantly write -off for the period …
Letter to employees below (please let us know if you would like us to email your employees this letter) Yesterday afternoon the Government announced Economic Stimulus package no 3 which included wage support for businesses and their employees impacted by a downturn in business or forced to close due to COVID-19. If your business has suffered …
JobKeeper – $1500 per Fortnight for Employees (and others) During COVID-19 Read More »
Please click on link below to download Information Sheet from Australian Government in regards to this new payment. https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet_Info_for_Employers_0.pdf
Please see info below, either register online with link below or let us know if you need us to do this for you. The JobKeeper payment is intended to provide wage subsidies to businesses that are significantly affected by COVID-19. The Government has announced its intention to pass additional legislation to introduce this new measure. …
JobKeeper Payments Announced Today JobKeeper Payment Read More »
The Australian Government has released an official app with the information you need to know about #Coronavirus. Search “Coronavirus Australia” in the Apple App Store and on Google Play. Find the latest official Coronavirus news and information on the new WhatsApp chatbot. Click to open the WhatsApp channel, or download WhatsApp on iOS or Android. Prime Minister said that the second stimulus …
The Victorian Government has established an economic survival package to support Victorian businesses and workers through the devastating impacts of the COVID-19 pandemic. The $1.7 billion Economic Survival Package complements the work of the Federal Government. The package includes the following key programs. Payroll Tax RefundBusinesses with annual taxable wages up to $3 million will have their …
Economic Survival Package from Victorian Government Read More »
My Business Health, a web portal designed to provide holistic support to SME owners, now has a dedicated section to help struggling businesses through the current economic crisis. ASBFEO Kate Carnell said in a statement that her office has been inundated with “distressing” stories of SMEs decimated by the ripple effects of the coronavirus. “Small …
Small Business Ombudsman Launches COVID-19 Resource Read More »
Last night the Prime Minister, Scott Morrison, made an address in relation to additional restrictions to activities and venues, to combat the spread of COVID-19 in Australia. As of midnight tonight, Wednesday 25 March, 2020 the following applies: No longer open: Auction rooms, open house inspections (private appointments still allowed), tattoo parlours, tanning, waxing, beauty, …
Prime Minister announces additional prohibited venues/activities re COVID-19 Read More »
UPDATED Government Program as of 22 March ‘20 Details as announced as of 22 March 2020, Prior to Legislation being presented. UPDATE: PAYGW credit of up to $100k for employers (Previously $25k) in two instalments It is not law yet! It is extremely likely to become law. Both sides of Parliament have indicated their support …
Early information update on the new announcements today Read More »
NEWSFLASH!!! STATE GOVERNMENT ECONOMIC STIMULUS announced payroll tax refunds! The initial cash will go to small and medium-sized businesses with annual payrolls of less than $3 million, with about 24,000 businesses, employing about 400,000 workers, set to benefit. Let’s use the cash to keep people employed! The firms will be entitled to a refund of …
Message from the Australian Taxation Office The Australian Taxation Office (ATO) will implement a series of administrative measures to assist Australians experiencing financial difficulty as a result of the COVID-19 outbreak. Commissioner of Taxation Chris Jordan is encouraging businesses impacted by the coronavirus to get in touch with the ATO to discuss relief options. “We …
Support measures to assist those affected by COVID-19 Read More »
Up to and including March 15, 2020, where an employer directed a full-time or part-time employee to stay home in line with the Australian Government’s health and quarantine advice, and the employee was not sick with coronavirus, the employee should have been paid ordinarily while the direction applied. However, as of Monday 16 March, if an …
