October 6, 2020

JobKeeper Payment Extension – What do You Need to do Now?

  On 28th September 2020, the JobKeeper payment scheme entered the next phase seeing the payment extended until 28 March 2021. There are two separate extension […]
September 2, 2020

JobKeeper 2.0 legislation passed

JobKeeper 2.0 legislation has now passed both houses, with minor amendments that will ensure accountants are entrusted with issuing the 10 per cent decline in turnover […]
August 10, 2020

Government confirms JobKeeper 2.0 turnover tweak

  Treasurer Josh Frydenberg has announced that eligibility for JobKeeper 2.0 will now be based on single quarters, in light of the stage 4 restrictions facing […]
August 5, 2020

COVID-19 Daily Update

Wednesday 5th August 2020   Pandemic leave payments to start for Victoria The Federal Government has announced, via Services Australia, that it is to introduce a […]
July 21, 2020

JobKeeper extended but eligibility and rates to change

  JobKeeper will be extended beyond September, but businesses will face fresh eligibility tests based on actual declines in turnover, as Treasury releases its review of […]
July 20, 2020

Vehicles and new accelerated depreciation under ‘Backing business investment’

  Introduced last March to aid businesses through the COVID-19 troubled market environment, the stimulus measure Backing business investment includes an incentive for entities in the 2019-20 […]
July 13, 2020

Fresh $534m support package for Victorian businesses

The Victorian government has announced new $5,000 grants for businesses impacted by the second round of restrictions across metropolitan Melbourne and Mitchell Shire.   Up to […]
June 22, 2020

Directors set for permanent identifier under new laws

Directors will soon have to apply for a permanent unique identification number or risk hefty fines, following the passage of new legislation.   Treasury Laws Amendment […]