Posts Tagged ‘ Individuals ’

JobKeeper 2.0

Posted by on Wednesday, September 30th, 2020 in COVID-19, Individual, Small Business, Tax

The first round of JobKeeper ended on 27 September 2020. The Government has decided the scheme will continue for an additional 6 months until 28 March 2021. Key changes: More employees are eligible for JobKeeper The eligibility rules will be revised The payment rates will be reduced To receive JobKeeper from 28 September 2020, employers […]

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Bankruptcy, Solvency and Insolvent Trading

Posted by on Friday, April 10th, 2020 in Corporate, COVID-19, Individual, Small Business

Overview Temporary relief provided to businesses and individuals experiencing financial stress, by lessening threats of legal action. Changes effective from 25 March 2020 until 25 September 2020 Businesses Company directors will be temporarily relieved of their duty to prevent insolvent trading. This is only for debts incurred to facilitate the continuation of the business and […]

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