Harris Black Update – COVID19 Government Incentives

JobKeeper Package update

Legislation was passed yesterday for the JobKeeper package, which today received Royal Assent.

Unfortunately the legislation did not provide a great deal of clarity but instead set up a framework to allow the Treasurer to make “Rules” which were released yesterday in draft format.

Click here to view the summary of the rules based on the Treasurer’s draft “Rules” and the finalised legislation.

We will get further clarity in the coming days as more information is provided by both the Treasurer and the Australian Taxation Office and will provide more information as this is released.

Government Incentives Summary

There has been a lot of announcements over the last four weeks from both Federal and State Governments.

Click here to view a summary of what incentives your business may be entitled to and get an understanding on how they work.

For all non business and business incentives please click here to see our summary of fact sheets released to date.

The information in this blog is intended only to provide a general overview and has not been prepared with a view to any particular situation or set of circumstances. It is not intended to be comprehensive nor does it constitute advice. While we attempt to ensure the information is current and accurate we do not guarantee its currency and accuracy. You should seek professional advice before acting or relying on any of the information in this blog as it may not be appropriate for your individual circumstances.

At Harris Black, we’re driven by a simple focus: we help; you achieve.

Click here to find out more about Harris Black’s approach and how they can help you achieve your financial goals.

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