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Home as a place of business during COVID: CGT implications

The COVID-19 pandemic has resulted in more employees working from home than ever before. This, in turn, has resulted in such people being able to claim a range of deductions for various “running expenses” associated with working from home.…

Update - JobSaver payments to end on 30th November

Businesses across NSW will continue to have access to the JobSaver program at a reduced rate until the end of November even after the Commonwealth withdraws its support as early as next month. On 4th September, the NSW Government announced…

Update - Changes to JobSaver Eligibility

Service NSW has made changes to JobSaver eligibility reporting in recent days. If your business is receiving the NSW JobSaver Payment, you will now need to pass the decline in turnover test each fortnight to continue to receive payments.…

UPDATE - COVID 19 FINANCIAL SUPPORT

Last week, we provided you with information on JobSaver and NSW MicroBusiness Grants. Click here to view the email. Contact your Client Manager at FinCare for further information UPDATES: COVID-19 payments to individuals, businesses to…

NSW JobSaver and Microbusiness Grant Applications Open

27th of July Businesses in NSW can now apply for JobSaver or Microbusiness Grant payments. Applications will close on 18th October 2021 JobSaver will see businesses and not-for-profits receive 40 per cent of their weekly payroll, at…
LockDown

UPDATE - New COVID Lockdown Assistance Measures

15th July 2021 The NSW State and Federal Governments have announced a range of measures designed to help businesses and workers in NSW during the COVID lockdown. Whilst we are still awaiting details on the scheme a summary of the measures…
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NEW Small Business Grant for NSW businesses

6th July 2021 The NSW Government has announced a major new grants program to help small businesses impacted by the current COVID-19 restrictions. This can be used for business expenses such as rent, utilities and wages, for which no other…

JOBSEEKER, JOBKEEPER, NOW… JOBTRAINER!

The federal Government has launched JobTrainer, a new initiative intended to help ease the increasing unemployment rate in Australia. It is aimed at improving the skills of the young workforce who unexpectedly found themselves unemployed. The…
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Varying PAYG instalments because of COVID-19

PAYG instalments is a system that helps you manage your expected tax liability on income from your business or investments for the current income year by making smaller regular payments. To assist taxpayers experiencing financial difficulty…