From Friday the 10th of September, you will need to reconfirm your business still meets the eligibility criteria every fortnight to continue to receive your ongoing support payments.That is, you need to confirm with ServiceNSW that you have maintained your employee...
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Lockdown Support Available for NSW Tenants and landlords
Support for small business tenants The NSW Government enacted the Retail and Other Commercial Leases (COVID-19) Regulation. This requires property owners to negotiate rent relief agreements with eligible tenants in financial distress due to COVID-19. In addition, the...
IMPORTANT UPDATE: NSW 2021 COVID-19 Business Grant
Overnight ServiceNSW have amended the decline in turnover test dates for the COVID-19 Business GrantFrom the 26th of June 2021 – 26th July 2021To the 26th of June 2021 – 17th July 2021.You now have to have experienced a decline in turnover over a minimum 2 week period...
2021 COVID-19 NSW Business Grants Open Now
The first of the COVID-19 NSW Business Support is now available. Eligible business who have been impacted by the recent COVID-19 restrictions can apply for a grant of between $7,500 to $15,000 from today. Further support measures will be made available later in July....
What lockdown support is available to business?
If your business has been adversely impacted by the recent lockdown in NSW, support is coming. The NSW and Federal Governments have announced a series of new measures to support business during extended lockdowns of four weeks or more: Up to $15,000 through the...
NSW Government Small Business Grant
NSW Government Small Business Grant - Financial Support for Businesses Impacted by Lockdowns The NSW government has announced small business grants up to $10,000 for businesses with a decrease in revenue during lockdown. Payments are available to any businesses...
Lockdown Support Available
If you can’t work because you or someone in your household is impacted by COVID-19, there is support available, but it comes with fairly strict eligibility criteria. There are two payments accessible to individuals: The COVID -19 Disaster Payment; and the Pandemic...
Changes to Single Touch Payroll (STP) Closely held (related) payees
From 1 July 2021 the exemption on small employers reporting amounts paid to closely held payees through Single Touch Payroll (STP) lifts. Small employers (19 or fewer payees) were previously exempt from reporting amounts paid to closely held payees through Single...
Superannuation Guarantee to Increase from 1 July 2021
On 1 July 2021, the Superannuation Guarantee (SG) rate will rise from 9.5% to 10% - the first rise since 2014. It will then steadily increase each year until it reaches 12% on 1 July 2025. The 0.5% increase does not mean that everyone gets an automatic pay increase,...
Australian Federal Budget 2021-22
The 2021-22 Federal Budget is a balancing act between a better than anticipated deficit ($106 bn), an impending election, and the need to invest in the long term. Key initiatives include: Extension of temporary full expensing and loss-carry back providing immediate...
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