For all those looking for FREE training the government has announced
Additional payments for employers to retain staff (announced 22 March)
Not-for-profits and small businesses with a turnover under $50 million will receive a tax-free cash payment of from $20,000 up to $100,000 to help them retain staff and continue operating.
Eligible entities will receive an additional payment equal to the total of all of the ‘boosting cash flow for employers’ payments received.
The Government expects 690,000 businesses employing 7.8 million people and 30,000 not-for-profits will be eligible for measures in the stimulus package. The payments are tax free, there will be no new forms and payments will flow automatically through the ATO.
Who is eligible?
Small and medium business entities with aggregated annual turnover of less than $50 million and that employ workers are eligible.
When will it be received?
The payment will be available from 28 April 2020. An additional payment is also being made from 28 July 2020.
Find out more or come have a chat with me
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