Job Saver Changes & Micro Business Grants

Job Saver Changes & Micro Business Grants

Oct 6, 2021 | COVID-19

The NSW JobSaver, which provides payments of up to 40% of weekly payroll, is jointly funded by the state and Commonwealth governments. From 13 September, businesses receiving JobSaver have been required to reconfirm their eligibility for the payment each fortnight...
How TSP Optimised COVID-19 Assistance

How TSP Optimised COVID-19 Assistance

Aug 27, 2021 | COVID-19

 During the current lockdown, a TSP Director contacted a valued client enquiring how they were fairing in the most recent Government restrictions and the potential impacts to their business operations. Trading as a company, the client had to close their business for...
Job Saver Changes & Micro Business Grants

Are COVID-19 Grants and Funding Tax Free?

Aug 13, 2021 | COVID-19, Taxation

Most people would think that money provided by the Government to support people and business during a crisis would be tax free? Otherwise, it’s like giving money with one hand and then taking it away with the other, isn’t it? But, the tax laws don’t work like that. To...