JobKeeper Payment FAQs
Back to Blog Contents JobKeeper Payment FAQs A friendly reminder to register for JobKeeper by 30 April 2020. Here are over 50 Frequently Asked Questions to help. Q: As an employer, do I have to register for the JobKeeper payment? If you would like to receive this subsidy, then YES, eligible employers must elect to […]
JobKeeper Enrolment Extension
Back to Blog Contents JobKeeper Enrolment Extension Great News! The Commissioner has extended the time to enrol for the initial JobKeeper periods from 30th April 2020 until 31st May 2020. Under this extension, if you enrol by the 31st May, you can still claim for the fortnights in April, and May provided they meet all the […]
JobKeeper Reporting now on Business Portal
Back to Blog Contents JobKeeper Reporting now on Business Portal If you have intended to apply for the JobKeeper Payment subsidy, you can now complete the reporting via the Business Portal. You will need to login to the portal using your myGovID, then click the “View” button within the COVID-19 screen. Alternatively, Factor1 can help […]
VIC Grant now opened to more businesses
Back to Blog Contents VIC Grant now opened to more businesses The Vic Government has announced that the criteria will be expanded We are anticipating there will be a lot of interest in this, so act now! The Business Support Fund was established to support small businesses in the hardest-hit sectors from the impacts of […]
Revive & Thrive with COSBOA’s $10K Small Business Relief Fund
Back to Blog Contents Revive & Thrive with COSBOA’s $10K Small Business Relief Fund Applications to apply open on Monday 25th May! If your business operates through a company with between 2 and 50 employees, read on. The Council of Small Business Organisations Australia (COSBOA) is offering grants of $10,000 (including GST) to sixty-seven (67) […]
Claiming deductions for working at home due to COVID-19
Back to Blog Contents Claiming deductions for working at home due to COVID-19 ATO introduces the shortcut method of calculating additional running expenses from working at home As the COVID-19 pandemic hit the world stage and changed the way we live and work, many Australians have been and are still working from home. The Government […]
Coronavirus Land Tax Relief
Back to Blog Contents Coronavirus Land Tax Relief For landlords impacted by Coronavirus In response to COVID-19, the Victorian Government has announced land tax relief for landlords that includes: rent relief for those landlords who provide tenants impacted by the coronavirus; 25% reduction on the property’s 2020 land tax for landlords who are unable to […]
HomeBuilder Grant
Back to Blog Contents HomeBuilder Grant The $688 million program to help boost the home construction industry On the 4th June, the federal government announced the new $688 million HomeBuilder program that will offer eligible Australians $25,000 grants to build a new home or start a major renovation. This announcement comes in the wake of […]
Economic Stimulus Package
Back to Blog Contents Economic Stimulus Package Scott Morrison announces Economic Stimulus Package Late last week, the Federal Government announced a stimulus package worth $17.6 billion to help our economy during these difficult times. Australian businesses will be some of the biggest beneficiaries in an effort to boost the economy and save jobs. Here is […]
2nd Economic Stimulus Package – For Individuals
Back to Blog Contents 2nd Economic Stimulus Package – For Individuals The Federal Government has released details of its second stimulus package in response to COVID-19 (coronavirus), with five new measures to provide support payments to lower income Australians and individuals most affected. Income support for individuals There will be an expansion to the eligibility […]