A number of business support packages have recently been announced. A summary of these packages is outlined below. Read more…
Extension of the JobKeeper Payment
Overview
This program aims to provide support to businesses that suffer significant losses or need to close as a result of the current COVID-19 restrictions. It forms part of the Victorian Government's $534 million Business Support Package which will provide more support to help businesses and workers through to the other side of the coronavirus (COVID-19) pandemic. Read more…
It's that time of year again - tax time. Here are a few key issues to consider this year.
Extension of the JobKeeper Payment
The JobKeeper payment that was due to finish on 27 September 2020 has been extended until 28 March 2021. The extension will be broken down into two periods; period 1 (28 September 2020 to 3 January 2021) and period 2 (4 January 2021 to 28 March 2021).
Before 30 June 2020 there are a number of measures currently available to help businesses manage their income tax obligations for the 2020 financial year.
Some of the key measures are: Read more…
Eligibility is determined by a fall in turnover. We have set out details below on how to calculate your fall in turnover. Read more…