J.A.P TAXATION

  NSW Government COVID-19 JobSaver Grant The COVID-19 JobSaver Grant is now open for applications. Please note, this is different to the Business Grant that opened last   week. You may be eligible for both the Business Grant and JobSaver COVID-19 JobSaver Grant If you’re a business, sole trader or not-for-profit organisation in NSW and you've been impacted by the recent COVID-19 restrictions, you may be eligible for ongoing support through the JobSaver Grant.   To be eligible for the grant, you must: have an active Australian Business Number (ABN) demonstrate your business was operating in NSW as at 1 June 2021 have had total annual Australian wages of $10 million or less as at 1 July 2020 have had an aggregated annual turnover between $75,000 and $50 million (inclusive) for the year ended 30 June 2020 (if your business turnover is below $75,000 there is a MicroBusiness Grant that we will send a separate update about) have experienced a de

  NSW Government COVID-19 Business Grant The COVID-19 Business Grant is now open for applications. Please note, this is different to the JobSaver Grant that will open next Monday. COVID-19 Business Grant If you’re a business, sole trader or not-for-profit organisation in NSW and you've been impacted by the recent COVID-19 restrictions, you may be eligible for a one-off grant of $7,500, $10,500 or $15,000.   To be eligible for the grant, you must: have an active Australian Business Number (ABN) demonstrate your business was operating in NSW as at 1 June 2021 have had total annual Australian wages of $10 million or less as at 1 July 2020 have had an aggregated annual turnover b

  The Prime Minister and NSW Premier yesterday announced a number of support measures being put in place in relation to the NSW lockdowns.     There is still further detail to be provided. As soon as further detail becomes available, we will provide further updates.     From the information available so far, it would appear that these packages will be administered via Service NSW, not the Australian Tax Office, which is a key difference from previous support packages.   Support for INDIVIDUALS COVID-19 Disaster Payment       From week four of a lockdown (next week) in a Commonwealth declared hotspot, the Disaster Payment will increase from $500 to $600 each week if a person has lost 20 hours or more of work a week or $325 to $375 each week if a person has lost between 8 and 20 hours of work.     The Disaster Payment will also become a recurring payment for approved recipients for as long as the Commonwealth declared hotspot and lockdown restrictions remain in place. This w

  Support for INDIVIDUALS   COVID-19 disaster payment The COVID-19 disaster payment is available to eligible workers who can’t attend work or who have lost income because of a lockdown and don’t have access to appropriate paid leave entitlements. And, it only applies from the eighth day of lockdown. That is, there is nothing you can claim for the first week of a lockdown.   The payment amount depends on how many hours of work you have lost in the lockdown period (week).   Hours lost Amount <20 hours $325 20+ hours $500   Applications for the disaster payment need to be made weekly.   The payment is available if you are not earning an income or have lost work and you:   ·    Are an Australian citizen, permanent resident or temporary visa holder who has the right to work in Australia, and ·    Are aged 17 years or over, and ·    Can’t attend work and lost income on or after day 8 of