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Jobkeeper – Update For Final 3 Months
January 20, 2021On the fourth of January 2021 we rounded the final turn on the long and winding road of the Government’s JobKeeper program. It is currently going to end on 28th March 2021. Originally intended to end in September of 2020, JobKeeper was extended under the title ‘JobKeeper 2.0’, although it was more like Jobkeeper 2.1 […]
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COVID-19 – Extreme pressures on small businesses
October 10, 2020The impact of this pandemic has been extreme and varied. Some clients have thrived with increased demand for their products and services. But in the main, it has been detrimental to business, particularly through this second lock down. Loss of revenue and the need to change customer interaction The closure of business premises and the […]
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Federal Budget 2020: What’s in it for businesses?
October 7, 2020Government’s economic recovery plan Business investment, activity and confidence is clearly one of the key foundations of the Government’s economic recovery plan. There are a variety of measures that affect small business, medium and large business and even one measure that transforms many medium businesses into “small” businesses for tax law purposes. Most of these […]
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JobKeeper 2.0 testing updates
October 2, 2020JobKeeper 2.0 – Alternative tests The extension known as JobKeeper 2.0 formally commenced on 28 September and there has been a number of updates to the rules. Here we will look at details in relation to the decline in turnover test that is required to be satisfied for eligibility to JobKeeper 2.0. In relation to […]
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Latest JobKeeper 2.0 rules & comparison
September 16, 2020Comparing JobKeeper and JobKeeper 2.0 On Monday 15 September the Government released the 8th amendment to the JobKeeper rules, which in this case was the formalisation of what has been called JobKeeper 2.0. There has recently been some confusion of the overlap between JobKeeper and JobKeeper 2.0, which we clarified here and in the image […]
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Where are we at with JobKeeper?
September 4, 2020Keep up to date with the latest JobKeeper changes There have been a lot of changes announced to JobKeeper since the program began operation in April 2020. Late July through to the end of August, in particular, had a number of announcements which affected both JobKeeper and JobKeeper 2.0, which has created some confusion over […]
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COVID-19 – JobKeeper eligible employee dates
August 19, 2020Key changes due to JobKeeper JobKeeper continues to evolve, as the Government attempts to roll with the punches that the COVID-19 pandemic keeps throwing. Firstly they announced an extension to the program, called JobKeeper 2.0. Following that was the announcement and formalisation of a change made to the qualification date for eligible employees, which is applicable […]
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COVID-19 – Melbourne – Stage 4 Restrictions
August 4, 2020It’s safe to say we weren’t prepared for this but there are Government programs available to help. In early July 2020, Victoria reverted back to Stage 3 restrictions for Metropolitan Melbourne and the Mitchell Shire in an attempt to contain the spread of COVID-19. On 3 August 2020, in a year of constant ‘unprecedented’ announcements, […]
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COVID-19 – JobKeeper 2.0
July 22, 2020Government announcement of JobKeeper 2.0 The Prime Minister and Treasurer announced on Tuesday 21 July changes to the JobKeeper program, describing it as JobKeeper 2.0 and confirming that it will be extended from its original expiry date of 28 September 2020 until 28 March 2021. There are two important points to make in relation to […]
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COVID-19 – Melbourne back into Stage 3 restrictions
July 8, 2020It’s safe to say we weren’t prepared for this but there are Government programs available to help. For weeks in Victoria, it looked like we were on the brink of recovery and a return to some new state of normalcy. In the end, it looks like we are once again on the precipice of a […]