Assistance Available to Businesses
The Business Hotline – 13 28 46 – has been expanded to provide specialist advisers and extended hours to support small and medium businesses impacted by the COVID-19 pandemic. You can also send an email.
The Hotline operates seven days per week and provides an additional two hours a day of support outside standard operating hours for the first month, answering calls from 7.00am to 11.00pm AEST
- Cash flow Assistance for Businesses
- Economic Response to the Coronavirus
- Support Available to Sole Traders
- Fact Sheet for Sole Traders
- Early Release of Superannuation
- Australian Taxation Office (ATO) Support
- Supporting Small Business to get to the other side with Loans
- Increasing the Instant Asset Write-off
- Support for Coronavirus Affected Regions and Communities
Access the information you need on COVID-19 (novel coronavirus), stay updated and learn how to safeguard your business.
- Summary of additional support packages for small business owners in Tasmania
Order to Waive Payroll Tax for JobKeeper Payments
1 May 2020 – The Minster for Finance (Hon. Michael Ferguson) announced in Parliament on 30 April 2020 the introduction of an Order to waive payroll tax on wages that relate to the Federal Government’s JobKeeper Payments.
The Order has been gazetted, and details about the administration of the waiver are posted to the State Revenue Office COVID-19 webpage.
Jobkeeper Payment Scheme Q&A
On 9 April 2020, the Australian Government passed legislation to provide for JobKeeper payments as a way of dealing with the economic impact of the coronavirus.
The following questions & answers are for eligible employees. This information is accurate as at 16 April 2020. Read more here.
JobKeeper Update – Important Deadline for Businesses Approaching
24 April 2020 – Read more here.
Summary Table of Coronavirus Grants and Stimulus Payments
The following table provides a convenient, one stop place to check the current state and commonwealth grants and stimulus payments. It includes information on eligibility, value and how to apply.
Summary as at 31 March 2020
legalsuper – Accessing Super due to COVID-19 Hardship
On 22 March 2020, the Federal Government announced it will temporarily allow eligible people to access up to $10,000 of their superannuation retirement savings in 2019-20 and a further $10,000 in 2020-21.
For eligible people suffering economic hardship, being able to access part of their super will help them provide for themselves and their families during these unprecedented times. At the same time, it is important to be aware of the longer-term financial implications of such a decision. Read more here.