Accounting & Advisory Blog | News & Views

QLD COVID-19 Business Support Grant: Sole Traders

The Queensland government, in conjunction with the Federal government, has announced an upcoming support package for non-employing sole traders. This expands on the support previously advised for eligible small and medium businesses and large tourism and hospitality businesses.

30 August 2021 Kerry Bebendorf

Families to Benefit from SMSF Changes

Previously families with more than four family members were limited from having the entire family in the one Self-Managed Superannuation Fund (SMSF). However, this has now changed, from 1 July 2021, the maximum number of members has now increased from four to six members.

20 August 2021 Michelle Cheah and Lucie McKenna

Virtual AGM Rule Extension

Red tape relief that allows companies to hold their Annual General Meetings virtually has been extended until 31 March 2022

17 August 2021 George Dakis

APPLICATIONS OPEN: QLD COVID-19 Business Support Grant

Applications for the 2021 COVID-19 Business support grants are opened at 12noon (midday) Monday 16 August 2021. Previously, the Queensland Government announced financial support for small and medium businesses impacted by the lockdown order which commenced at 4pm on Saturday 31 July 2021 for 11 local government areas (LGA’s) around Brisbane and has been extended to the Cairns and Yarrabah LGA’s

16 August 2021 Moore Australia

Property and Taxes - managed investment trusts

Managed Investment Trusts are registered schemes established and managed by sophisticated Trustees holding an Australian Financial Services License. They enable investors to pool capital to collectively acquire large scale commercial, retail and industrial properties. Operations are typically limited to passive investment income (leasing). Entities are typically set up as up as unit trusts which provides investors with clearly defined rights to income and capital, yet retaining access to Capital Gains Tax (CGT) concessions.

12 August 2021 Richard Watkins

Victorian Business Support Package

On 28 July 2021 the Victorian Government announced a $400 million support package, jointly funded by the Commonwealth Government. The package is designed to provide support to Victorian small and medium businesses experiencing financial hardship from the recent lockdown. On 6 August 2021 the Victorian Government announced additional payments for previous recipients of the Business Costs Assistance Program Round Two and Round Two July Extension. Further support was announced on 12 August 2021.

12 August 2021 Anthony Molloy

Grant Alert: NSW Research and Development Fund

Eligible businesses may access up to $1 million in funding under Investment New South Wales’ new Research and Development Fund in the government’s bid to stimulate the development of innovative products that directly address the impacts of COVID-19.

11 August 2021 Moore Australia

Grant Alert: COVID-19 TechVouchers

The New South Wales government's COVID-19 TechVoucher program provides support funding for technology-rich startups, scaleups, or small-medium enterprises to collaborate with Publicly Funded Research Organisations (PFRO) to accelerate the commercialisation of innovative R&D products and services that address ongoing disruptions.

11 August 2021 Moore Australia

SA COVID-19 Additional Business Support Grant

The new South Australian COVID-19 Additional Business Support Grant - will deliver about an extra $40 million in support to an estimated 19,000 local businesses in eligible industries.

11 August 2021 Grant Miles

South Australian Landing Pad Program

We provide support to businesses wanting to establish a presence in South Australia. The South Australia 'Landing Pad' program is available for international and interstate companies.

10 August 2021 Grant Miles