Time is running out! The Government SG Amnesty is due to expire 7 September 2020.
Has COVID-19 devalued your business? JobKeeper Alert! Question of the month tax on COVID-19 grants? Forecasting during a pandemic - planning in uncertain times.
Review your Employee's eligibility to receive JobKeeper
From 28 September 2020, employers seeking to claim JobKeeper payments will need to reassess their eligibility and prove an actual decline in turnover. From this date, the JobKeeper payment rate will reduce and split into a higher and lower rate based on the number of hours the employee worked in the 4 weeks prior to 1 March 2020 or 1 July 2020.
For your business: the latest federal, state and territory based Coronavirus updates.For individuals : how and when does my support change.Working from home or thinking of accessing your super? A quick update for re: your SMSF.
The future of JobKeeper
Published 26 July 2020
On 21 July 2020, the Government announced an extension of the JobKeeper program to 28 March 2021 but with tighter access and reduced rates. From 28 September 2020, employers seeking to claim JobKeeper payments will need to reassess their eligibility and prove an actual decline in turnover. If your business currently receives JobKeeper, your arrangements will generally remain unchanged until 27 September 2020.
On 21 July 2020, The Government announced changes the COVID-19 income support measures. We explore the details.
The Government has announced the $2.5bn JobTrainer package to retrain, upskill and open new job opportunities.
Funding for the Arts: What's available and how can you get it. The ATO on COVID-19 fraud warpath. JobKeeper termination payments. Minimum wage increases 1.75. The new flexible parental leave pay rules.
This month we have produced a comprehensive guide to the COVID-19 Stimulus Support Measures for our clients.