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JobKeeper Payment | $1,500 per fortnight per employee

Yesterday the Prime Minister and the Treasurer announced a wage subsidy to support employees and businesses. The JobKeeper Payment is designed to help businesses affected by the Coronavirus to cover the costs of their employees’ wages, so that more employees can retain their job. The Government will provide $1,500 per fortnight per employee for up…

COVID-19 – The Government’s economic stimulus packages explained as of the 24th of March 2020

Over the past two weeks the Government has announced two economic stimulus packages to cushion the economic impact of the Coronavirus. A total of $189 billion is being injected into the economy by all arms of Government in order to keep Australians in work and businesses in business. This includes $17.6 billion for the Government’s…

Business Continuity and Serving Our Clients during the COVID-19 Pandemic

Dear valued client, Following the announcements by both state and federal governments over the last 24 hours, ID Accounting & Wealth Solutions has adapted our response to the COVID-19 pandemic. Due to concerns around transmission of the virus we have decided to close our office to clients immediately. This is not a decision we have…