Update: COVID-19 support packages Communication

Transcript:Update: COVID-19 support packages Communication:
Update: COVID-19 support packages Communication toolkit for accounting and tax practitioners 28 July 2021 Purpose of this toolkit 2 The community is going through a challenging and uncertain time. On Tuesday 28 July, the NSW Government and the Australian Government announced additional financial support for businesses and individuals affected by the current COVID-19 measures. Accountants and tax practitioners are on the frontline helping businesses and individuals understand the support available to them. This toolkit contains adaptable website/newsletter copy and a downloadable frequently asked questions (FAQs) document to help you communicate about the new and existing financial support packages available. The FAQs have been included in this toolkit and can be downloaded as a separate document here. These FAQs answer some of the most common questions from the sector to date, and further FAQs are currently in development. We will share these with you as soon as possible. For more information, please visit nsw.gov.au COVID-19 support: newsletter/website copy 3 COVID-19 financial support update for businesses and individuals On 28 July, the NSW Government announced the eligibility for the JobSaver program would be extended to include businesses with an annual turnover between $75,000 and $250 million, up from $50 million, which have experienced a revenue decline of 30 per cent or more. These changes are in addition to the range of NSW Business Support Packages announced earlier this month. To support you with this rapidly changing situation the NSW Government has developed a set of frequently asked questions (FAQs) designed specifically for accountants and tax practitioners. The FAQs can be downloaded here and covers topics such as: Aggregated annual turnover Decline in turnover calculations Required documentation Eligibility. General information on business support packages can be found at nsw.gov.au and further FAQs updates will be provided shortly. Support for individuals impacted by the current COVID-19 restrictions is also available through Services Australia. For more information visit servicesaustralia.gov.au We are also here to support during these challenging times. If you have any additional questions, please contact us at [peak bodies to enter contact details]. Frequently asked questions — COVID-19 Business Grants Frequently asked questions — COVID-19 Business Grants Frequently asked questions — COVID-19 Business Grants