Posts Tagged ‘COVID-19’

Eligible sole traders will be granted access to the job seeker allowance, which now includes an additional coronavirus supplement of $550 per fortnight for the next six months. The standard waiting periods and asset tests will be waived to allow quicker access to these payments. Individuals will still be able to keep operating their businesses and…

Simplified video explanation to let you know if your eligible click here. Businesses impacted by the coronavirus (their turnover will be reduced by more than 30 per cent relative to a comparable period a year ago (of at least a month)) will be able to access a subsidy from the Government to continue paying their…

Eligible small businesses that withhold income tax from employee salaries and wages and pay it to the Australian Taxation Office can receive a payment equal to 100 per cent of the amount withheld, up to a maximum payment of $50,000. A minimum payment of $10,000 may be available to businesses that pay wages but are…