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NSW COVID-19 assistance updates

Updates to NSW COVID-19 assistance conditions

Service NSW updates to eligibility requirements for decline in turnover testing

Please note the following changes to conditions when applying for either the Small Business Grant, JobSaver assistance or the Micro-Business Grant.

Summary of latest updates

The comparison period used for the purpose of working out […]

COVID-19 JobSaver payment

About the COVID-19 JobSaver payment

Program closes 18 October 2021

Various Public Health Order restrictions and COVID-19 border closures have created challenges for many businesses across New South Wales that will either be forced to close or experience reduced demand.

JobSaver will provide cash flow support to impacted businesses to help […]

How business owners can win and keep the right talent

Many small business owners remain optimistic about a new financial year

Despite this, the ongoing uncertainty around COVID-19 has resulted in an unstable economy, with the impact on the job market hard to predict.

In fact, Xero research revealed that almost half of small and medium business owners believe small businesses will be key […]

NSW COVID-19 business support packages

Major new COVID-19 support package to help NSW businesses

The NSW Government has announced a major new grants package plus Dine & Discover changes.

They are intended to help small businesses and individuals across NSW impacted by the current COVID-19 restrictions.

The package includes grants of between $5,000 and $10,000 for small businesses, payroll tax […]

VIC Circuit Breaker Business Support Package

Package overview

The Victorian Government has launched the $250.7 million Circuit Breaker Business Support Package to assist small to medium businesses and sole traders, under the circuit breaker restrictions announced on 27 May 2021.

The package will support businesses unable to operate due to these necessary public health measures, including targeted support for the events […]

Financial year-end preparation

What’s changed and what’s new?

It has been a year of recovery for Australian businesses, with the country achieving some of the best economic outcomes in the world.

While there have been disruptions, there have also been additional allowances and tax changes designed to assist businesses.

Stay on top of your obligations with this helpful […]

Changes to STP reporting from 1 July

This may affect how you report to the Tax Office

There are changes to STP reporting for small employers with closely held payees and quarterly reporting for micro employers from 1 July 2021.

Employers should be reporting through Single Touch Payroll (STP) unless they only have closely held payees, or they are covered by a deferral […]

NSW small business fees and charges rebate

Apply for small business fees and charges rebate

Small businesses and not-for-profits in NSW are now able to apply for rebates of up to $1,500 thanks to a new rebate scheme aimed to offset NSW and local government fees.

Launched on 1 April 2021 and lasting until 30 June 2022, the Small Business Fees and […]

VIC solar and energy programs

Small business Energy Saver program

The Small Business Energy Saver program provides a bonus incentive to small businesses to upgrade equipment to increase energy efficiency.

The Victorian Energy Upgrades program provides support to medium and large businesses. This program specifically caters for Victorian Energy Upgrades to small businesses.

Small businesses must:

have 1 to 19 […]

SME Recovery Loan Scheme

Expanded SME loan scheme

The government has announced an extension and expansion of its SME Recovery Loan Scheme.

Enhancing lenders’ ability to provide cheaper credit, the scheme is allowing many otherwise viable SMEs to access vital additional funding to get through the impact of Coronavirus, recover and invest for the future.

The expansion of the scheme […]