Australian Government coronavirus information and support for business

Find financial assistance, eligibility and timing for the new government support for Australian businesses at this website. Information includes:

• Relief for commercial tenants: the Government has announced a range of measures to help renters, including a mandatory code of conduct for commercial tenancies.

• JobKeeper Payment for employers and employees: under the JobKeeper payment, businesses impacted by COVID-19 will be able to access a payment to continue paying their employees.

• JobKeeper Payment for sole traders and other entities: if you're a sole trader or self-employed, you may be eligible for $1,5000 per fortnight if your turnover has reduced.

• Boosting cash flow for employers: payments to provide cash flow support to businesses and not-for-profit entities that employ staff.

• Supporting apprentices and trainees: if you employ an apprentice or trainee you may be eligible for a wage subsidy of 50% of their wage.

• Increased and accelerated income support: learn about income support payments and the new time limited Coronavirus Supplement.

• Early access to superannuation.

• Supporting the flow of credit: learn about actions to support the flow of credit in the Australian economy, including for small and medium businesses.

• Temporary relief for financially distressed businesses: learn about changes to bankruptcy law as part of the government's economic response.

• Increasing the instant asset write-off: learn how the threshold has been increased and expanded to include more businesses.

• Increased and accelerated income support: learn about income support payments and the new time limited Coronavirus Supplement.

• Backing Business Investment (BBI): read about support for business investment and economic growth by accelerating depreciation deductions.

• International Freight Assistant Mechanism: find out about freight assistance for Australian agriculture and seafood exporters.

Australian Taxation Office - support for businesses and employers

Visit this website to find out how the ATO is supporting businesses. Information includes:

• JobKeeper payments

• Boosting cash flow for employers: tax-free cash flow boosts of between $20,000 and $100,000 to eligible businesses, delivered through credits in the activity statement system, when eligible businesses lodge their statements.

• Increasing the instant asset write-off: changes to thresholds and eligibility

• Backing business investment: businesses with an aggregated turnover of less than $500 million are able to accelerate their depreciation deductions on the purchase of certain new depreciable assets.

• Additional support during COVID-19, including:

- Who to contact

- Lodgement or payment

- Vary your PAYG instalments

- Change your GST reporting cycle

- Defer GST payments for importers

- Offshore providers of low-value goods, services and digital products

- Statement of tax record

• COVID-19 employers FAQs for:

- Not-for-profit employers and salary packaging

- FBT and working from home

- FBT on accommodation, food and transport

- FBT on benefits to protect employees from COVID-19

- FBT and emergency health care

- FBT and providing the flu vaccination to employees who are working from home

- FBT and providing testing for COVID-19 to employees

- Super guarantee obligations

NSW Government financial assistance for business and employers

Visit this website regarding NSW Government help available to businesses, including:

• Business helplines and other support

• Taxes, fees, leases and operating hours, including:

- Fee and licence relief

- Tax assistance, including payroll tax, gaming and watering tax deferral, parking space levy deferral, instant asset write offs, depreciation deductions

- Commercial tenancies, including commercial lease assistance, rent relief agreements, request a commercial tenancy rent reduction, negotiate a new commercial tenancy, NSW Government land tax support package

- Opening hours changes

- Financially distressed businesses

NSW Government grants and loans

Visit this page for information about available government grants and loans, including:

• Service NSW COVID-19 Assistance Finder

• PPE production grants: this is a $5 million grants scheme to establish a reliable, domestic supply of personal protective equipment products that have been critical in the response to COVID-19

• Cash flow for employers payments

• Export Assistance Grants: up to $10,000 is available for up to 1,000 export ready or export capable NSW businesses, helping them access new markets or re-enter old ones where business has ceased

• Support for injured workers

NSW Government call for local manufacturing of medical supplies

The NSW Government is calling on local manufacturers to help supply medical equipment and hygiene products to our essential services workers. Critical supplies in demand:

• Hand sanitiser

• Examination gloves

• Disinfection and cleaning products

• Handwash and soap

• Masks

• Eyewear

• Gowns

• Paper products

Go to the website to register your interest. Registration is instant and free.