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Update Wednesday 22 July

From 28 September 2020, organisations seeking to claim JobKeeper payments will be required to reassess their eligibility for the JobKeeper extension with reference to their actual turnover in the June and September quarters 2020. Organisations will need to demonstrate that they have met the relevant continuing decline in turnover test in both of those quarters to be eligible for JobKeeper from 28 September 2020 to 3 January 2021. Organisations will need to further reassess their eligibility in January 2021 for the period from 4 January to 28 March 2021. Organisations will need to demonstrate that they have met the relevant continuing decline in turnover test in each of the previous three qua

Update Friday, 3 July

The new Small Business Recovery Grant for up to $3,000 is now open for applications to help you rebuild your business. You can use it to cover: marketing and advertising expenses fit-out changes staff training expenses to work in a COVID Safe way If you’re a small business owner in an industry that’s been highly impacted by COVID-19 you may be eligible for this grant. Applications close 16 August 2020. Click the link below to apply. Source and credit : NSW.gov.au Tax Time Toolkits The ATO’s small business tax time toolkit has now been released, with new fact sheets focusing on the tax implications of COVID-19. Designed to help small businesses, the latest tax time toolkit contains a series o

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