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PRO FORMA LIST OF ASSISTANCE ON OFFER TO BUSINESSES IN QUEENSLAND

PRO FORMA LIST OF ASSISTANCE ON OFFER TO BUSINESSES IN QUEENSLAND
Information available as at 4 pm 27th March 2020
   
FEDERAL GOVERNMENT
   
RENTAL ASSISTANCE
   
  The Government has announced that Rental Assistance details will be available next week
   
  PAYG Cash flow injection for SMEs
  Automatically calculated by ATO when next BAS (Jan-Mar 2020) is submitted
  PAYG withheld from Employees for Jan - Mar will be credited on BAS return
  (Minimum $10,000 to Maximum $50,000)
   
  Subsidies for Apprentices and trainees
   
  Instant Assest Write Off increased to $150,000 for period 12/03/2020 -30/06/2020
   
  Unsecured Business Loans - Gov guarantee for 50% of new loans - see your Bank
   
  https://treasury.gov.au/coronavirus/businesses
   
   
QUEENSLAND STATE GOVERNMENT
   
  Information
  Live Portal - www.grida.qld.gov.au - will be availble in a couple of days   
  www.qrida.qld.gov.au
  Business Queensland Website
  www.business.qld.gov.au
  Small Business Hotline 1300 654 687
   
  Interest Free Loans
   
  www.qrida.qld.gov.au/current-programs/covid-19-business-support/queensland-covid19-jobs-support-scheme
  Concessional Loans up to $250,000
  Interest Free for 12 months
  Apply online
   
  Payroll Tax
   
  www.osr.qld.gov.au
  2 month refund
  3 months Holiday
  6 months deferral
  Apply online and the refund will be paid into your bank account.
   
   
   
   
   
BANKS 4 major Banks
   
  Westpac Banking Corporation (WBC)
  www.westpac.com.au/help/disaster-relief/coronavirus
   
  Commonwealth Bank of Australia (CBA)
  www.commbank.com.au/latest/coronavirus.html#Business?ei=btn_corona-virus
   
  National Australia Bank (NAB)
  www.nab.com.au/personal/customer-support/covid19-help?own_cid=shortURL:coronavirus
   
  Australia and New Zealand Bank (ANZ)
  www.anz.com.au/promo/covid-19/
   
We have contacted 2 banks and their advice is that they will treat each business on a case by case basis