RESOURCES HUB 

ATO Covid 19
Information about ATO measures and tailored support during COVID-19 (novel coronavirus). 

WA Gov Business & Industry advice
Department of Premier and Cabinets latest information and advice, including economic and health support measures and restrictions. 

The Treasury 
Economic Response to the Coronavirus

NTAA State & Territory COVID-19 Stimulus Packages
A document prepared by the the NTAA (National Tax and Accountants' Association) which summarises the key initiatives announced by each State and Territory Government as at the time of writing.

FairWork Ombudsman JobKeeper wage subsidy scheme
Find out about your workplace entitlements and obligations if you're affected by the outbreak of COVID-19. 

 

2020 by Aspen Corporate
Empty restaurants and retail stores were one of the first signs of the devastating impact the coronavirus on Australian businesses.
2020 by Aspen Corporate
The Government yesterday released a second, far reaching $66.1 bn stimulus package that boosts income support payments, introduces targeted changes to the superannuation rules, provides cash flow support of up to $100,000 for small business employers, and relaxes corporate insolvency laws.
2020 by Aspen Corporate
This guide has been designed as a quick reference to the COVID-19 related tax and financial support that might be available to you all in one place.
April 2020 by Sergio Di Vincenzo
The new Property Code of Conduct for Commercial Landlords has now been released and whilst everyone acknowledges that tenants need assistance, there also appears to be a consensus that if we remove our tenant and landlord hats, the fact is that commercial landlords have been treated unfairly.
April 2020 by Sergio Di Vincenzo
We outline what we have seen occurring in the banking Sector with respect to deferral's and the $250,000 loans?
April 2020 by Domenic Tartaglia
More than 540,000 companies have officially registered for Jobkeeper. But with such a short time between being conceived, legislated and then implimented, there will always be gaps and issues that will need to be resolved. There have been several changes already in the last few days, and we expect more to come.
June 2020 by Domenic Tartigalia
Both the State and Federal Governments have recently announced grants and subsides to help kick start the construction industry.
June 2020 by Aspen Corporate
The JobKeeper subsidy has progressed beyond the rush for eligibility and entered its second phase: compliance. Late last month, the Australian Taxation Office (ATO) released guidance highlighting where the regulator will focus its compliance resources.
April 2020 by Aspen Corporate
We have updated the white label guide to the COVID-19 stimulus and support measures following the release of additional information from Treasury. We expect regular changes and will update the guide as and when information is available.
July 2020 by Aspen Corporate
Will the Prime Minister's targeted $250 million package of funding to support cultural and creative projects and initiatives save the industry?
July 2020 by Aspen Corporate
For some employers, JobKeeper will not be enough to keep the employee employed.  Find out how this affects their employment termination payments 
July 2020 by Aspen Corporate
We always knew that a Government scheme swiftly distributing cash during a crisis was going to come with equally swift compliance and review measures, particularly when eligibility was self-assessed.
July 2020 by In The Black
Bernadette Smith was featured in an article about navigating the return to the office post Covid 19 shutdown.
July 2020 by Aspen Corporate
For JobSeeker, there is a winding back of some of the expanded eligibility criteria, along with the reintroduction of means and asset testing, and partner income testing.
July 2020 by Aspen Corporate
The second tranche of the JobKeeper scheme changes the eligibility test for employers and the method and amount paid to employees.
August 2020 by Aspen Corporate
Employees that previously failed the JobKeeper eligibility test as they were not employed on 1 March 2020, may now be eligible for payments from 3 August 2020 if they were employed on 1 July 2020. We've summarised the key details for employers on JobKeeper 2.0 in our client guide, but just remember that the proposed changes are not yet law and the details could still change.
August 2020 by Aspen Corporate
COVID-19 has had an impact on many SMSFs. We look at the key issues.
August 2020 by Aspen Corporate
During lock down you had to work from home. You've set up a full home office with paintings, plants, a desk, computer equipment, a water tower and a sculpture. Can claim everything you purchased for this office and claim part of my mortgage and running costs?
August 2020 by Aspen Corporate
Help available for Business and Individuals, including support from each state
September 2020 by Aspen Corporate
Now, more than ever, business operators should have a plan in place to manage during uncertain times. Even if your business is not directly impacted, it’s likely your customers, your supply chain, and your workforce will be to some extent.
September 2020 by Aspen Corporate
My business received a grant from the State Government. Do I pay tax on it? Short answer; probably. But as always, the devil is in the detail.
September 2020 by Aspen Corporate
With the employee test date for JobKeeper moved to 1 July 2020, some additional employees might have become eligible for JobKeeper. The August JobKeeper monthly business declaration is due by 14 September and is different to the previous form as it covers three JobKeeper fortnights.
September 2020 by Aspen Corporate
If you are selling your business, merging, acquiring, or inviting in new investors, you need to understand the value of your business. But, to what degree does the pandemic impact on value? Should you discount or hold firm to pre COVID-19 performance on the basis that 'we're going to come out of it eventually'?
September 2020 by Aspen Corporate
The first tranche of JobKeeper ends on 27 September 2020. Those needing further support will need to reassess their eligibility and prove an actual decline in turnover.
October 2020 by Aspen Corporate
The Government has stepped in to prevent a wave of insolvencies when the COVID-19 support measures run their course in December 2020.
October 2020 by Aspen Corporate
The first tranche of JobKeeper ended on 27 September 2020. We look at the issues for those seeking to qualify for the second tranche of JobKeeper and for those no longer eligible.
October 2020 by Aspen Corporate
The 2020-21 Federal Budget is a road to recovery paved with cash. By comparison to many, Australia has managed the COVID-19 pandemic well, but good management isn't enough to protect us from the $213.7 billion deficit in 2020-21. The Government has taken to heart the old adage, "You have to spend money to make money" to trade our way out of a black hole.
November 2020 by Aspen Corporate
Over $34.4bn has been released from Australian Superannuation Funds under the COVID-19 early release scheme, the Australian Prudential Regulation Authority revealed.
November 2020 by Aspen Corporate
At the recent Senate Estimates hearing, Jeremy Hirschhorn, the ATO’s Second Commissioner, stated that $120 million in JobKeeper payments had been clawed back from those either deliberately seeking to rort the system or who had made reckless mistakes.
November 2020 by Aspen Corporate
We’ve had quite a few questions about the JobMaker hiring credit announced in the 2020-21 Federal Budget. The legislation enabling the JobMaker scheme has not passed Parliament as yet and until this occurs, the JobMaker rules are not certain and may change.

RESOURCES HUB 

ATO Covid 19
Information about ATO measures and tailored support during COVID-19 (novel coronavirus). 

WA Gov Business & Industry advice
Department of Premier and Cabinets latest information and advice, including economic and health support measures and restrictions. 

The Treasury 
Economic Response to the Coronavirus

NTAA State & Territory COVID-19 Stimulus Packages
A document prepared by the the NTAA (National Tax and Accountants' Association) which summarises the key initiatives announced by each State and Territory Government as at the time of writing.

FairWork Ombudsman JobKeeper wage subsidy scheme
Find out about your workplace entitlements and obligations if you're affected by the outbreak of COVID-19. 

 

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