Daily Archives: 24/03/2020

Federal Government – COVID-19 Business Stimulus Package – Part 2 – $66B Package

Further to the Federal Government’s Part 1 Business Stimulus Package ($17.6B) the Government yesterday announced a further stimulus package referred to here as Business Stimulus Package Part 2 ($66B). These business measures announced yesterday by the Government have been provided to support Australian businesses to manage the cash flow challenges and retain employees as result…

STATE GOVERNMENT – COVID-19 Tax Relief Measures + Employer Obligations

In addition to the recent Federal Government announcements, the State Governments have announced a range of tax relief measures in relation to COVID-19. A summary of these measures is outlined below Payroll Tax Victoria Waiver for entire 2019-20 financial year for all businesses with annual taxable wages of up to $3 million Refunds of payroll…