The below information is current as of 18/09/2020

We’ve all heard the news about the spread of the Coronavirus and its far-reaching impacts both here in Australia and around the world. We would like to inform you as to how SeaChange Accounting Solutions is adapting in these rapidly changing circumstances.

Here to help

But first, the team at Seachange Accounting is here to help you weather the global issues that this virus raises. We are still here and available when you need. We’re very aware that your family, staff and business needs are the most important priority. The same goes for our staff. If you would like to conduct meetings over the phone or online communication like Zoom, we will help in this way.

Read our most recent blogs:

Latest updates – COVID-19 Business Update 18 September 2020

Federal Government Stimulus Packages:-


JobKeeper Payment

Jobkeeper Infographic Snippet 2

SeaChange have put together a two-page JobKeeper Infographic which covers the following questions and updates:

• What is the JobKeeper Payment

• When is an employer eligible

• Establishing whether the project GST turnover has fallen or is likely to fall

• Identifying eligible employees

• Flexibility for employers under changes to the Fair Work Act 2009

• Meeting the wage conditions

• When can a business claim the JobKeeper payment for sole traders, partnerships and self-employed?

Information

The Treasury

ATO

Applying for JobKeeper Employer Payment Options

JobKeeper Payment – Information for employers

JobKeeper Payment

NTAA – The JobKeeper Payment Summary

JobKeeper Payment – Information for employees

Eligible Employers

JobKeeper & Xero Payroll

JobKeeper Payment – Frequently Asked Questions

JobKeeper Payment – Employee Nomination Notice

Xero – Process JobKeeper payments

The Treasury – JobKeeper payment

Enrol & apply for the JobKeeper Payment – Employers

Xero – Process an employee stand down

Enrol & apply for the JobKeeper Payment – Self Employed

Jobkeeper Ways To ApplyCheck out our infographic on ways to apply for the JobKeeper Payment.

If you’re planning on managing the JobKeeper application process yourself, you’ll need to have a myGOVID setup, do this: Setup access to myGOVID & RAM

 

 

 


Federal Government

Australian Government

Fact Sheets

The Treasury: Economic Response to the Coronavirus Cash flow Assistance for Businesses Fact Sheet
Support available for Sole Traders Early Access to Superannuation Fact Sheet
ATO on COVID-19 Supporting businesses to retain jobs (JobKeeper)

State & Territory Governments

Here’s a summary NTAA – Australian State and Territory economic relief and stimulus package summaries.

NSW Government

QLD Government

VIC Government

TAS Government

Fee & Licence Relief Lease & Licence Holder Commercial Tenancies Relief Stimulus & Support
NSW Small Business Grant Business Support Business Support Fund Business & Industries
Land Tax Breaks Land Tax Relief Tax Relief (Payroll & Land Tax) Primary Healthcare Grants
Payroll Tax Relief Payroll Tax Relief

SA Government

NT Government

ACT Government

WA Government

Support for Businesses & Community Programs & Initiatives
Tax Relief Business & Industry Advice Economic & Business Growth Fund KPMG Business Support

Fair Work Information

Fair Work has created a page dedicated to Coronavirus and Australian workplace laws

If you do have any specific questions on understanding your obligations as an employer, we recommend getting in touch with an HR specialist. We can recommend a local HR specialist, should you not have one.


Banks

Most banks have announced measures to help such as:

  • Pausing interest
  • Deferring repayments
  • Extending loan life terms
  • Removing fees to access term deposits
  • Merchant fees reduction/removal
  • Extra debt (subject to approval)

Australian banks will defer loan repayments for small businesses affected by COVID-19 for six months, see this link. Also below are links directly to the bank’s websites on what they’re offering:


ResourcesSeachange Covid 19 Resources

Letter to your landlord: downloadable template

Resources from The Treasury

 

Check out more of our COVID-19 Resources


If you have any questions or concerns, please feel free to reach out to us directly. We wish you all good health in the coming months.