How to prepare proof of income for coronavirus stimulus
We explain how to prepare a profit and loss statement and balance sheet to use for proof of income when applying for the Australian Government’s coronavirus stimulus packages.
Summary of stimulus packages for sole traders
Are you a sole trader who is unsure of which coronavirus (COVID-19) stimulus/relief packages you’re eligible to receive? We’ve put together this summary to help you (details are correct as at 2 April 2020).
WA Government small business stimulus/relief package
The Western Australian Government has announced a range of measures to support WA’s small business owners during the coronavirus (as at 31 March 2020).
JobKeeper Payment: key questions answered
The new JobKeeper Payment announced on 30 March aims to help businesses who have been affected by COVID-19 keep paying employees, this includes people who are self-employed. Here are some key points about eligibility (as at 31 March 2020).
New banking relief announcement
The Australian Banking Association has announced new loan deferral arrangements for small businesses affected by coronavirus (as at 30 March 2020).
Australian Government small business stimulus/relief package
The Australian Government announced an updated economic stimulus package to support the economy during coronavirus. Here are the stimulus details so far (as at 30 March 2020).
Keep your business going during the COVID-19 pandemic
We’ve put together this practical checklist of what you can do to keep your business open and reduce the impact of coronavirus (as at 30 March 2020).
4 tools for paying staff correctly
Pay rates and employer obligations can vary depending on which industrial relations system applies to your business. Find out about four free tools that can help you pay staff correctly.
Is it a hobby or a business?
When you first develop an idea you may decide to test it as a hobby but it’s important for tax purposes to know when an activity becomes a business
Tips for hiring your first employee
Hiring your first employee is a big step – and an exciting one. Here are our tips on what you need to know before taking on your first employee.