The JobKeeper Payment is an initiative by the Australia Government to help businesses and their staff through the Coronavirus pandemic. The Government has released a series of Alternative Tests for JobKeeper Payment which means more businesses and individuals may now qualify for the subsidy. Businesses can claim $1,500 per fortnight per eligible employee provided they […]
READ MOREJobKeeper Payment – What business owners need to know
The Australian Government has introduced the JobKeeper payment to enable coronavirus effected businesses to retain staff and help them keep their businesses open; and bounce back after the crisis. From 30 March 2020, eligible employers can claim $1,500 per fortnight per eligible employee for 6 months ending 27 September 2020, with the first payments being […]
READ MOREGP Research Grant for COVID-19 Impact
RACGP Foundation and HCF Research Foundation are offering a Research Grant to General Practitioners for Impact of COVID-19 on General Practice. Purpose: Research to understand the impact of the COVID-19 pandemic on general practice. (e.g. the use of telehealth and telehealth item numbers and evaluation of COVID-19 clinics) Funding provided by RACGP Foundation and HCF […]
READ MORECOVID-19 and changes to your SMSF
The Coronavirus crisis has triggered a historical stock market plunge, lowering of interest rates and downward pressure on rent. This translates into massive financial pressure on self-funded retirees during a critical health crisis. The Government’s recent announcements to SMSF minimum drawdown and deeming rules are supporting retirees by potentially putting more money in their pocket […]
READ MOREEarly Release of Superannuation – COVID-19
As a part of the safety net stimulus packages, the government announced that individuals that are adversely effected by coronavirus (COVID-19) can look to an early release of their Superannuation and may be able to access up to $10,000 of their super before 30 June 2020 and another $10,000 from 1 July 2020 until 24 […]
READ MORERent Relief – Properties owned via SMSF
As we all feel the impact of the COVID-19 crisis, we are very fortunate that the Australian government has provided numerous stimulus packages aimed at helping businesses weather this storm. Along with other measures, loan holidays and rental reductions negotiated with banks and landlords will help and provide much needed cash flow. This includes rent […]
READ MOREBoosting Female Founders Initiative
Walsh Accountants can help you apply for the Boosting Female Founders Initiative which provides female founders of startup businesses with government funding to launch and scale their businesses into domestic and global markets. It will help female entrepreneurs overcome the disadvantages they face in getting access to finance and support, to grow their startups. Targeted […]
READ MOREMajor Banks – COVID-19 Support Available
In this time of economic uncertainty, your bank/financial providers may be an ally for you with many of the major banks offering their customers support throughout the COVID-19 pandemic. Whilst support offered may differ between providers, many are offering deferred payments on existing loans whether that be for home loans, business loans, or equipment finance […]
READ MORECOVID-19 – Walsh Accountants help navigating through all the stimulus and support packages.
The Australian government has announced changes to assist Australian businesses. If you’re in business, Walsh Accountants can help you navigate through all the stimulus and support packages that may apply to you. We have remotely mobilised much of our team and are deploying systems to enable us to be there for anyone as seamlessly as […]
READ MORECoronavirus – Stimulus Packages for Individuals
Update – Partner Income Threshold Increased Monday, 30th March For those who have applied for, or are seeking to apply for the Federal Government job seeker payment; partner income threshold has increased to $79,762pa. Update – Fact sheet on income support for individuals. The Government is providing support for individuals to assist them during the […]
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