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The NSW Government has announced further details for the one-off payment to help businesses, sole traders or not-for-profit organisations impacted by the current Greater Sydney COVID-19 restrictions.
Grants between $7,500 and $15,000 are available to eligible businesses depending on the decline in turnover experienced during the restrictions.

What do you need to do to apply for the latest round of NSW COVID support on offer?
If you or your business are affected by the NSW lockdown, read our summary of what we know so far based on media releases published up to 13 July 2021.

On 9 July 2021, Blair Pleash of Hall Chadwick Chartered Accountants was appointed Court Liquidator of SFG Relocations Pty Ltd Formerly Known as Wridgways Australia Pty Ltd (“the Company”) by an order of the Supreme Court of Queensland. The Company was part of a group of companies which provided logistics, removal and warehousing services to customers within Australia and overseas.

Are you eligible for the new NSW grant package announced today of up to $10,000?
The NSW Government announced today a major new grants package to assist small businesses and people across NSW impacted by the current COVID-19 restrictions.

With the end of financial year fast approaching, now is a good time to think about opportunities and risks that should be addressed before 30 June 2021. This time of year provides rare opportunities for businesses to improve their cash flow position to weather uncertain times and tap into new opportunities in the post Covid-19 world.

Welcome to the latest edition of Insolvency Sound Bites, which is intended to be a quick refresher on current developments in the Insolvency and Reconstruction space.

A stronger than expected economic recovery from the COVID-19 recession has resulted in a budget deficit of $161 billion, $52.7 billion lower than the government’s expected deficit. With the virus still a threat to the global and domestic economy, the Budget contains various measures to support businesses and individuals with job creation, incentives, tax relief and superannuation changes.

Bushfires, COVID-19 lockdowns and recent floods have focussed attention on Business Interruption insurance for both insureds and insurers alike.  Even though 14 years have passed, there are some salutary lessons to be learned by insureds and insurers from the decision of the NSW Supreme Court in Brescia v QBE.

In this edition of Tax Time Monthly we cover updates and findings from ATO on: Fringe Benefits Tax; Tax treatment of government grants and payments during COVID-19; No more JobKeeper but are you eligible for JobMaker; Do you need to review your service trust arrangements in the light of PCG 2021/D2… and much more

JobKeeper – Key Date: 28 March 2021.
The JobKeeper subsidy will end on 28 March 2021 and you can claim payments for your eligible employees until this date.
It will be necessary to consider the necessary adjustments in your business to reflect the withdrawal of this subsidy.

Commercial Leasing Code of Conduct……