Posts Tagged ‘JobKeeper’
Post-JobKeeper Government Stimulus for SMEs
JobKeeper will end on 28 March. For those currently accessing JobKeeper, the Government has announced an extension to, and expansion of, its SME Loan Guarantee Scheme. The expansion will increase the possible loan amount from $1million to $5million, with banks set to guarantee 80% of the loan and repayment relief on both principal and interest…
Read MoreAct now! Previous and current Jobkeeper recipients take note.
The Jobkeeper extension for Australian businesses will end on 28 March 2021. There are three types of businesses who need to take note: 1 –those who did not previously qualify for the first extension (Oct – Dec) but now qualify; 2 – those who continue to access it until it’s end date and; 3 –…
Read MoreJobKeeper Audits
The Australian Tax Office (ATO) has continued with their company audit regime throughout COVID, now with increasing focus on JobKeeper reviews. Employers have been required to provide further record of employee details, contracts and payroll, as well as business activity to ensure the details align with the JobKeeper applications and historic BAS and STP records.…
Read MoreFederal Budget 2020 – What it means for you
Budget night is always full of opinion and commentary, sometimes it can be difficult to identify the facts. We’ve cut through the noise to highlight the items that we think will affect your hip pocket… Individuals: Income tax cuts Low-and middle-income earners who earn below $180,000 will see a tax cut equaling between $500-$2,745…
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