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 […]
2nd Economic Stimulus Package – For Businesses
Back to Blog Contents 2nd Economic Stimulus Package – For Businesses The Federal Government has released details of its second stimulus package in response to COVID-19, outlining support to business and employers. The first stimulus package was aimed at providing support to business taxpayers and employers. This included concessional depreciation rules, support payments for PAYGW […]
When can employees be stood down without pay?
Back to Blog Contents When can employees be stood down without pay? During these unprecedented times, many businesses will be faced with difficult staffing decisions that may be due to government restrictions or operational challenges. Many employees will be stood down during this period, meaning they will remain employed without pay. Under the Fair Work […]
Small Business Grant
Back to Blog Contents Small Business Grant Assistance for Victorian small businesses impacted by coronavirus (COVID-19) As part of the Victorian Government’s $1.7 billion Economical Survival Package, the $500 million Business Support Fund has been launched to help small businesses survive the impacts of the coronavirus (COVID-19) pandemic and keep people in work. Potential value […]