Anba Muniandy | Businesses
Anba Muniandy
Phone: +61 404 999 825
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25.01.2022 First Home Super Saver Scheme have been passed.
12.01.2022 BUSINESSES / NOT FOR PROFITS do you need to register for the JobKeeper Payment assistance. Here is the link and further information. https://www.ato.gov.au/general/gen/JobKeeper-payment/ Info for Employers:-... https://treasury.gov.au//Fact_sheet_Info_for_Employers_0.p Info for Employees:- https://treasury.gov.au//Fact_sheet_Info_for_Employees_0.p The JobKeeper Payment is a subsidy to businesses, which will keep more Australians in jobs through the course of the coronavirus outbreak. The payment will be paid to employers, for up to six months, for each eligible employee that was on their books on 1 March 2020 and is retained or continues to be engaged by that employer. Employers will receive a payment of $1,500 per fortnight per eligible employee. Every eligible employee must receive at least $1,500 per fortnight from this business, before tax. The program will commence today, 30 March 2020, with the first payments to be received by eligible businesses in the first week of May as monthly arrears from the Australian Taxation Office. Eligible businesses can begin distributing the JobKeeper payment immediately. The full amount, before tax, must be passed from employer to employee, or that business' owners will face stiff penalties. (And so they should!) Eligible employers will be those with annual turnover of less than $1 billion who self-assess that have a reduction in revenue of 30 per cent or more, since 1 March 2020 over a minimum one-month period. Employers with an annual turnover of $1 billion or more would be required to demonstrate a reduction in revenue of 50 per cent or more to be eligible. Businesses subject to the Major Bank Levy will not be eligible. Eligible employers include businesses structured through companies, partnerships, trusts and sole traders. Not for profit entities, including charities, will also be eligible. Full time and part time employees, including stood down employees, would be eligible to receive the JobKeeper Payment. Where a casual employee has been with their employer for at least the previous 12 months they will also be eligible for the Payment. An employee will only be eligible to receive this payment from one employer. Eligible employees include Australian residents, New Zealand citizens in Australia who hold a subclass 444 special category visa, and migrants who are eligible for JobSeeker Payment or Youth Allowance (Other). Self-employed individuals are also eligible to receive the JobKeeper Payment. In addition to this, the JobSeeker payment partner income test will be raised to $79,700, up from $48,000.
09.01.2022 New Grant from WA government on top of existing federal government grant and FHOG.
03.01.2022 Today we are announcing a $1 billion economic and health relief package to help Western Australians get through this pandemic. So many households are dealing wi...th lost jobs, economic insecurity and are worried about the future. That’s completely understandable. Today’s package is about providing relief for them and making sure we can all get through to the other side. I am pleased to announce the following: No WA household will have their water or power disconnected if they have experienced financial hardship due to COVID-19. As of tomorrow, those same people will have no interest charged on deferred bill payments. Eligibility for the previously announced Energy Assistance Payment boost has been expanded. This ensures that any person who has lost employment due to COVID-19, and becomes eligible for a concession card, will receive an upfront $305 credited against their electricity bill (from 11 May 2020) and a further $305 credited over the course of the year. The Energy Assistance Payments have been brought forward to this financial year rather than being paid from 1 July 2020. This means quicker relief for WA households. Households that are directly or indirectly impacted by COVID-19 may also apply for an interest-free payment arrangement and for late payment penalties to be waived for transfer duty, landholder duty, vehicle licence duty or land tax. Keystart home loan customers facing financial hardship due to COVID-19 can apply to defer principal repayments and waive interest costs by up to six months. These measures are all in place until at least 30 September 2020. This builds on the steps we’ve already taken, including freezing increases in household fees and charges next year. It is going to support thousands of WA families that are doing it tough due to coronavirus. We’re going to get through this, and we are going to do it together.
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