Vic Government $5000 Grants

The Victorian Government have announced the reinstatement of Stage 3 ‘Stay at Home’ restrictions across metropolitan Melbourne and Mitchell Shire for the next six weeks. As a result of the reinstatement it has also been announced that there will be an expansion of the Victorian Government’s Business Support Fund. Businesses within metropolitan Melbourne and Mitchell […]

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Jobkeeper Extension

JobKeeper has now been extended from 28 September 2020 to 28 March 2021. Worker EligibilityFrom 3 August 2020, permanent employees employed as at 1 July 2020 and long-term regular and systematic casuals with 12 months’ service as at 1 July 2020 will be eligible to receive JobKeeper payments. Eligible employees must be aged 18 years […]

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Coronavius – Busines Financial Support and How to Get it

With the drastic economic impact of the Coronavirus hitting many businesses and their staff, numerous relief packages have been released that will assist with immediate cashflows for Business. The measures that may assist with your immediate cashflows are summarised below: Jobkeeper Payment What is it? A subsidy in the form of fortnightly payment of $1,500 […]

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ATO Support during Coronavirus

Due to the massive impact the Coronavirus is having on the cashflow of everyone, the ATO has released some measures to assist taxpayers to get through the current times. A statement by the commissioner stated: “We know that many businesses and communities are being heavily affected by the challenging economic conditions created by the outbreak […]

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Coronavirus Stimulus Package

The Australian Government has announced an economic response to protect the economy by maintaining confidence, supporting investment and keeping people in jobs. The stimulus has targeted targets four key areas: 1 – Delivering support for business investment INSTANT ASSET WRITE OFF – From today, the Government is increasing the instant asset write-off threshold from $30,000 to $150,000 […]

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