covid-19 – TaxSense

Jobkeeper payments

Admin Accounting, Business April 19, 2020April 19, 2020coronavirus, covid-19, government stimulus, jobkeeper payments

The Jobkeeper wage subsidy was announced on 30 March 2020 and the Coronavirus Economic Response Package (Payments and Benefits) Bill 2020 was passed and received Royal Assent on 9 April 2020. The Jobkeeper scheme broadly provides as follows: The scheme

Cash Flow Boost

Admin Business, Tax April 19, 2020April 19, 2020cash flow boost, coronavirus, covid-19, stimulus plan

The outbreak of the Corona virus has caused significant disruptions globally and the government has unleashed a number of economic packages to support businesses in managing their short to medium term cash flow challenges. The first package was announced on