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The Queensland Government has announced an extension to the Small Business Adaption Grant Program. Up to $100 Million is being made available to deliver a second round of grants. The objective of the program is to support small businesses that were subject to closure or highly impacted by the COVID-19 shutdown restrictions. The program aims to …

Update to Instant Asset Write Off Scheme $150,000 Good Afternoon, The Federal Government has just announced that the $150,000 instant asset write-off program has been extended to the 31st of December 2020. This is applicable for businesses with turnover of up to $500 million. The instant asset write-off scheme enables businesses to immediately claim the value …

Below are a few recent issues we wanted to make you aware of. All of these are important so if you are unsure about anything please contact us. You need to complete your monthly declaration on the ATO portal in order to receive the next round of JobKeeper payments. This needs to be completed no …

Qld Government Adaption Grant Program The Queensland Government have announced a new Small Business COVID-19 Adaption Grant Program and applications are open now. Full details can be found on the Qld Government website here – https://www.business.qld.gov.au/starting-business/advice-support/grants/adaption A quick overview of the grant is as follows: Objective – support small businesses subject to closure/highly impacted by the covid-19 …

The application process for the Jobkeeper stimulus payments continues this week and requires action to ensure payments are received (this includes reporting the previous months income and current month income projections). We have prepared a summary of the ATO’s process guidelines. Some may find this confusing and we are more than happy to be engaged to …

JobKeeper Applications Now Open and Critical Payroll System Setup Good Morning, APPLICATION PROCESS The ATO have today released the JobKeeper Applications via the ATO website https://www.ato.gov.au/general/jobkeeper-payment/employers/enrol-for-the-jobkeeper-payment/ Access to the application will be via the ATO Business Portal and MyGov ID, hence please ensure you have first of all setup MyGov ID access to the ATO Business …

Good Afternoon, Just another quick but important update regarding JobKeeper. Applications will be opening this coming Monday 20th April, and below is a list of the steps you should be taking now to ensure you are ready: Step 1 – Register your interest and subscribe for JobKeeper payment (https://www.ato.gov.au/Job-keeper-payment/) updates. Step 2 – Check you and your employees meet the …

We know everyone is very keen to keep on top of the JobKeeper stimulus. The ATO have just released the update we needed with some specifics. The link to read in detail is: https://www.ato.gov.au/general/jobkeeper-payment/employers/ The JobKeeper stimulus is designed to keep employees attached to an employer rather than forced onto the Centrelink line and will provide …

Another update for everyone based on the Prime Minister’s announcement yesterday afternoon. We are here to assist with any of the Stimulus matters – just contact us. The new mandatory code of conduct released after the National Cabinet meeting has been established with the purpose of imposing a set of good faith principles on landlords …

The stimulus measures and changes keep coming thick and fast from the Government. The latest is the Job-Keeper Payment – an overview for you below: Designed to keep employees attached to their employer rather than on the Centrelink queue. To be eligible your business will have suffered a turnover reduction of 30% or more when …