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 | |
07 3846 8933