Month: April 2020

April 27, 2020 Sharon Purcell

Current: March 2020 SMALL BUSINESS COVID19 SUPPORT SUPPORTING BUSINESS INVESTMENT Instant asset write off threshold increase from $30,000 to $150,000. Ability to deduct an additional 50% of an asset cost in the year of the purchase. WHO IS ELIGIBLE: BUSINESSES WITH AN AGGREGATED ANNUAL TURNOVER OF $10 MILLION OR MORE BUT LESS THAN $500 MILLION…

April 27, 2020 Sharon Purcell

Current: March 2020 RURAL COVID19 SUPPORT HOUSEHOLD STIMULUS PACKAGE $750 tax free automatic stimulus payment. In addition, a further $750 automatic payment (except for those who are eligible to receive the Coronavirus supplement) WHO IS ELIGIBLE: PENSIONERS, SOCIAL SECURITY RECIPIENTS, VETERANS, CONCESSION CARD HOLDERS, OTHER SUPPORT RECIPIENTS WHO TO CONTACT: SERVICES AUSTRALIA HEALTH A new…

April 1, 2020 Sharon Purcell

MEDIA RELEASE Wednesday, 1 April 2020 HELP ON THE WAY FOR COVID-19 AFFECTED SMALL BUSINESS BUSINESS owners across Southern Queensland have been crippled by the threat of Coronavirus but additional funding has been provided to expand existing financial counselling services. The Rural Financial Counselling Service Southern Queensland (RFCSSQ) has been granted additional funds by the…