Dear Friends,
As part of our regular updates, COVID 19 stimulus updates and assistance with registration links are attached.
Please make an appointment with our team members or apply yourself. Please do not do any mistakes and double check if completing yourselves.
For Active clients, We will apply for all the eligible grants and rebates. Click here for details
Some key points:
Victorian grant for struggling businesses: Click here to Apply for
Business Support Fund
Job keeper Payments: Register here
Cash flow for businesses:
No application required. Click here for details
Subsidy for hiring Apprentice and trainees: Click here for details
The Government is supporting small business to retain their apprentices and trainees. Eligible employers can apply for a wage subsidy of 50 per cent of the apprentice’s or trainee’s wage for 9 months from 1 January 2020 to 30 September 2020.
Employers will be reimbursed up to a maximum of $21,000 per eligible apprentice or trainee ($7,000 per quarter). Click here for details
Government backed loans:
Apply with participating banks. $250,000 loans available for distressed businesses.
Early access of Superannuation:
Register on MyGov. :
You can register your interest now by logging in to your myGov accountExternal Link and following the Intention to access coronavirus support instructions. If you don’t already have a myGov account, you can set one up by selecting 'create an account'.
Please Click here to Apply for
Early Release of Superannuation
Changes to bankruptcy: Click here to now the Changes to Bankruptcy Law
"On 24 March 2020, the Australian Government made changes to the Bankruptcy law as part of the economic response to the Coronavirus. These temporary changes will be in place for six months from 25 March 2020.
The temporary changes to bankruptcy law are:
- Debt threshold for creditors to apply for a Bankruptcy Notice against a debtor will increase from $5,000 to $20,000.
- Timeframe for a debtor to respond to a Bankruptcy Notice before a creditor can commence bankruptcy proceedings will be increased from 21 days to up to six months.
- Temporary protection period procedure available for debtors to prevent recovery action by unsecured creditors will increase from 21 days to six months.
More information regarding the Governments economic response to the Coronavirus is available at www.australia.gov.au
Please Click here
Asset write off
State by state stimulus packages
ATO relief
Relief for Individuals (Jobseekers)
Please contact our office by email or call. We have offices and professional team members in all major cities.
Integrated Accountants © 2019 All Rights Reserved | Liability limited by a scheme approved under Professional Standards Legislation