Over the weekend the Victorian Government release details of another round of the Business Support Fund to assist ease the financial burden being felt by many businesses in Victoria that are being adversely impacted by the ongoing lock downs[…]
The Government announced on 21 July 2020 that they will be extending the JobKeeper scheme for another six months. Payments dates for the JobKeeper scheme when originally announced were to 27th September 2020. Due to the continued deterioration of the economy and the community spread of COVID-19 the scheme will now run until 28 March 2021[…]
The Victorian Government has released the regulations that govern the relationship between commercial landlords and their tenants (being small to medium sized businesses with an annual turnover of up to $50m and eligible for the JobKeeper Payments) commencing with effect from 29 March 2020 and ending on 29 September 2020[…]
The ATO is now accepting applications from employers to participate in the scheme. It feels like everyday we are getting more guidance on how the scheme will operate and new rules on eligibility of employers[…]
One of the main eligibility rules to become an eligible employer under the JobKeeper scheme is to be able to demonstrate that the businesses turnover has declined by more than 30% (where the business’ aggregate turnover was less than $1.0b) to a comparable period[…]
One aspect of the Australian Government’s stimulus package was allowing individuals adversely affected by the economic effects of the Corona Virus to access up to $10,000 of their superannuation monies in both the 2020 financial year and the 2021 financial year[…]
In addition to the Federal Government response to the Coronavirus, the Victorian State Government has established a $1.7 billion Economic Survival Package: The Victorian Business Support Fund[…]
With the release of the Government’s Stimulus Package Retirees may need to review their situation. Have you been wondering what support you will receive or can possibly access as a result of all the changes related to COVID19 as well as the resulting share market declines[…]
One aspect of the Australian Government’s stimulus package was allowing individuals adversely affected by the economic effects of the Corona Virus to access up to $10,000 of their superannuation monies in both the 2020 financial year and the 2021 financial year[…]
The Government has announced a further round of economic stimulus measures with the main focus being on providing income support for employees and allow businesses to continue to employ people during these unprecedented times[…]