Victorian Government Business Support Package

Victorian Government Business Support Package New Expanded Business Support Fund – New $5,000 Grant + Others   The Victorian Government has expanded its Business Support Fund with a new $534m Business Support Package released on 13 July 2020.  Please refer to the link below to apply or register your interest for any of the new…

JobKeeper Final Legislation

The Federal Government’s “JobKeeper” package was introduced to parliament and the legislation was passed on the 8 April 2020.  Under the JobKeeper payment package, eligible employers will receive a subsidy of $1,500 for each eligible employee for up to six months. The “Coronavirus Economic Response Package (Payments & Benefits) Bill 2020” provides for the making…

JobKeeper Support Package Q&A (subject to legislation being finalised)

JobKeeper Support Package Q&A The economic impact of the pandemic has been felt widely across Australia with hundreds of thousands of individuals being made redundant, stood down or experiencing reduced work.  To support affected businesses and their employees through the COVID-19 pandemic the Government recently announced the  “JobKeeper” payment package to help support businesses .…

ATO announces short cut method for claiming home office running costs

The Australian Taxation Office (‘ATO’) has announced a temporary simplified short cut method to make it easier for individual taxpayers to claim deductions for additional running expenses incurred (e.g., additional heating, cooling and lighting costs), as a result of working from home due to the Coronavirus pandemic. Refer to the ATO’s Media Release of 7…