April 2020 - Bramelle Partners

JobKeeper Payment – Everything you need to know

We have dissected the legislation for the Coronavirus JobKeeper payment and all you need to know is below. TL;DR JobKeeper payment legislation has been finalised. Details of eligibility, applying and maintaining compliance for the JobKeeper payments are outlined below. Bramelle Partners can manage all aspects of the JobKeeper payment for a one off fee of $750...

Coronavirus stimulus: round 3

In this latest round of Coronavirus stimulus, the government has bought out the big guns in an effort to help people keep their jobs amidst the economic downturn. The “JobKeeper Payment” is a part of a $130bn wage subsidy scheme that is designed to provide a fortnightly payment of $1,500 per employee. This new payment...

Coronavirus concessions: NSW State Government second stimulus announcement

The second round of stimulus announced by the NSW Government on 27 March 2020 focused on small businesses and keeping people in jobs working side by side with he Federal Government Stimulus package. The key announcement in the stimulus was the creation of a $1 billion Working for NSW fund to sustain business, create new jobs...

ATO Coronavirus concessions and advice for SMSFs

In line with various concessions provided to businesses to soften the blow of the COVID-19 pandemic, the ATO has now released the following details of concessions for self-managed super funds (SMSFs) as well as advice: SMSFs temporarily reducing rent - due to COVID-19, many landlords are voluntarily giving their tenants a reduction in rent or...