COVID-19 Financial Survival Guide

COVID-19 Financial Survival Guide Webinar

Some of the ladies from the BAN TACS Accountants group got together to record a webinar on the Coronavirus stimulus package. This webinar gives you the answers damn straight and combined with our blog, invest two hours and you will have a very thorough understanding of what is available. Take some time to consider your business’ circumstances then make an appointment to check with us on the best course of action.

 

Watch the webinar in full above, or watch (or re-watch) extracts of sections most important to your financial situation below.

Love the video? Click below for the COVID-19 Finanical Survival Guide Notes.

Bantacs COVID-19 Financial Survival Guide

Immediate Asset Write Off and Accelerated Depreciation – Tanya Read

Job Keeper Segment – Shelly Karcz and Julia Hartman

The Fine Print on Coronavirus Stimulus – Cathy Jones

Up to $100,000 PAYG Withholding Bonus – Jane Hadrill

Coronavirus Stimulus for Individuals – Lyn Gower

50% Wage Subsidy for Apprentices and Trainees – Leah Supple

Concessional Loans – Colleen Tarrant

Information for Property Investors on Evictions, Rent Reductions and Repayment Pauses – James Wood

Detailed Notes

Understand the fine details of the government support and packages available by checking out the detailed blog posts available:​

JobKeeper is Not a Good Idea for Some Employers But No Choice Job Keeper or Job Seeker : Get In For Your Share Now!
Federal Stimulus
Package Blog  
States Stimulus
Package Blog  
JobKeeper Traps
for Employers  
A Quick Check If
Job Keeper
Applies to You  

Deadlines to be Aware Of

Job Keeper employers must be alert and alarmed about the following dates.  We can see that with the current system overload these deadlines will reduce legitimate claims.
4th MayEarliest date you can make an application for payment of JobKeeper. All employees need to have returned their nomination forms and you need to calculate your turnover.
8th MayMust have paid all eligible employees at least $3,000 to qualify for April Job Keeper.
31st May Enrol in Job Keeper to qualify for April and May Payments

Important Forms & Checklists