The Government announced today that it is extending the JobKeeper payment until 28 March 2021. This is very welcome news!
But … there’ll be some new rules. The extension is targeting support to businesses who continue to be significantly impacted by coronavirus. The payment amounts will be stepped-down and there will be different amounts for full-time and part-time/casual employees.
We are officialy in the last week of the financial year 🙈
The end of the financial year is also the half-way point in the calendar year. It can be a good time to take a little time out to reflect on the year that was. Give yourself a pat on the back for the work you are doing and what you have achieved. And also look for areas in your business and work where you might like to re-evaluate and do things better.
One of those areas that you might like to improve on is your finances. If you’d like some help to get your financial house in order, you’re in the right place!
Here are some financial tips to consider as we approach the end of the financial year.
I’ve been seeing a lot of confusion in the community and I’ve had many of you reach out with questions regarding what you might be entitled to in the Government stimulus packages. I wanted to help clear up some of the confusion.
I’ve segregated the Government stimulus packages available into various categories, to make it easier for you to make sense of all the information.
– Contractor / Sole trader
– Employee
– A small business with no employees
– A small business with employees
As an accountant that melds together the practical and spiritual aspects of money, I wanted to offer you some support to help you through this uncertainty. I’ve outlined some practical tips that may help to alleviate the financial pressures you are facing. I’ve also outlined some spiritual and mindset practices you may find useful during this time of uncertainty.