The Australian Government has announced measures to support businesses impacted by the coronavirus (COVID-19). If you’re a sole trader, learn what your business can get and where to go for help.
Various income support for individuals measures have been introduced so as to provide a ‘safety net’ for individuals who are financially impacted by the Coronavirus.
The ATO announced the expansion of their Reach Out Indigenous business support pilot program to help Indigenous small businesses meet their tax and superannuation obligations through tailored support and education.
Employers should take note of the new rules that became law on 28 October 2019, regarding the application of compulsory superannuation guarantee to salary sacrificed superannuation amounts.