Tag: covid 19 support
- Support extended for Victorian businessesThe Victorian Government has announced further support for Victorian businesses as the current lockdown is extended another week for Melbourne businesses. Download the latest Media Release here. In that providing regional COVID testing remains negative, as of 11:59pm tomorrow night (Thursday), restrictions will be eased in Regional Victoria. Download the Restrictions Table here. Also, the…
- Free money? How much better could your bank account be?With the endless demands for your attention during these COVID times, you could be forgiven for nearly missing the odd thing or two. However no one likes to miss out on any free money and with this in mind below is a summary of what your Victorian business may be eligible for: The above stimulus…
- How long is your businesses runway? Is your business going to be able to take off in future?For your business to come out the other side of COVID 19 restrictions and more importantly the recession, it is crucial that you buy yourself as much time or “runway” as possible. How do you as a business owner extend the time your business has to survive and ultimately “take off” and thrive? Here are…
- JobKeeper 2: Interested in an extra $42,000 for your business?During COVID 19 the government stimulus options on offer have been constantly changing and JobKeeper is no different. The second stage of JobKeeper is going to begin on Monday, 28 September 2020, and for an eligible business with 5 employees that work full time, this could mean an additional $42,000 of funding. Here’s how it…
- COVID-19: Working from homeDue to COVID-19 your working arrangements may have changed. If you have been working from home, you may have expenses you can claim a deduction for at tax time. While there is a temporary shortcut method that the ATO has introduced, of 80c per hour of working from home time, we recommend you track all…
- Business Support Fund – ExpansionThe Victorian Government announced updated restrictions for Melbourne and regional Victoria to help slow the spread of coronavirus (COVID-19) in Victoria. Stage 4 restrictions are in place from 6pm on Sunday 2 August for metropolitan Melbourne. Stage 3 restrictions are in place from 11:59pm on Wednesday 5 August for Regional Victoria, including Mitchell Shire. These…
- JobKeeper UpdateThe Federal Government has released a new proposal to the current JobKeeper scheme. Business owners currently receiving JobKeeper (or likely to before 27 September 2020) are now eligible to consider employees that were on their books as of 1 July 2020 for the government JobKeeper payment. Previously, the initial requirement was that the employees needed…
- JobKeeper extended to March 2021The government has announced an extension to the JobKeeper Program which would extend payments made to businesses from the upcoming end date of 28 September 2020 up to 28 March 2021. Businesses will need to requalify for the second part of the scheme that begins on 29th September 2020. While many businesses will benefit from…
- COVID-19: How your business can survive and thriveWe know that COVID-19 has presented Ballarat business owners with some of the toughest business challenges ever faced. But we believe that with the right advice your business can not only survive but thrive in the current market. Listen to my recent podcast with Ballarat Business to find out more. Business Advisory As a business…
- Instant asset write-off of $150,000 extended by six months!As part of the Coronavirus stimulus measures announced in March, the Australian government introduced a new instant asset write threshold of $150,000 increased from $30,000. This instant asset threshold applies to asset purchased from 12 March 2020 to 30 June 2020. While the announcement was welcomed by most Australian business owners, purchasing new assets may…
- Job Keeper UpdateNow that the Job Keeper program has been going for over a month (we are into the fifth Job Keeper fortnight), the details have become much clearer. Our video update (below) answers many of the common questions. If you have any further questions please get in touch below.
- Three things you should do today to help your business through the Coronavirus PandemicNo one would have guessed that we would be where we are today: people in isolation, businesses shutting down completely at the directive of our governments, social distancing from everyone except our closest loved ones. Our governments’ top officials are on our media daily enacting measures to keep our people and economy afloat, and it…