COVID-19
 Updates

Below are some articles to assist our great clients in navigating this uncertain time. We are here to support you during this unprecedented time, please contact your Nexia Edwards Marshall Advisor to discuss.

Apr 10, 2020 / News

JobKeeper - immediate things to do

In an evolving situation with only a short time to act, we’ve focussed here on the more immediate things you need to do. A series of Fact Sheets and Frequently Asked Questions documents with a lot of information on the JobKeeper Payment program have been issued. However, with framework legislation passed, and the detailed rules now finalised by way of delegated legislation, some of that information is now obsolete. Read more

COVID-19


Apr 08, 2020 / News

Commercial leases: Code of Conduct

The National Cabinet has released a mandatory Code of Conduct for commercial leases during the COVID-19 pandemic period. The Code will be given effect through state and territory legislation, and although won’t supersede such legislation, it will complement it. Read more

COVID-19


Apr 08, 2020 / News

Property & Construction: Importance of a solid foundation heading into FY21

Business needs to consider what the future looks like post COVID-19. Below is a short accounting and tax health checklist of items for your consideration. Read more

COVID-19 / Property and Construction


Apr 06, 2020 / News

Cash is King – Now more than ever

The expression “Cash is King” has never been more relevant than right now. It is relevant for individuals, households and business. It is relevant across the board. Read more

COVID-19


Apr 03, 2020 / News

Apprentice and trainee subsidy relief

The apprentice and trainee subsidy relief will be provided to small businesses employing fewer than 20 employees who retain an apprentice or trainee. Read more

COVID-19


Apr 03, 2020 / News

SA State Government’s COVID-19 Stimulus Package

A brief summary of the recently announced economic stimulus package announced by the Marshall Liberal Government, to help drive the South Australian economy and secure local jobs. Read more

COVID-19


Mar 31, 2020 / News

Can our Corporate Bookkeepers support your business during COVID-19?

We understand the challenges facing businesses right now and believe our corporate bookkeeping team are well placed to provide vital assistance during this difficult period. Read more

COVID-19


Mar 31, 2020 / News

Mark III: Government to subsidise businesses’ wage costs

The government announced a third round of measures to support businesses affected by COVID-19 to maintain their employees. It’s called the JobKeeper Payment – a direct payment of $1,500 per fortnight, per-eligible-employee, to qualifying businesses and not-for-profits to subsidise the cost of continuing to employ workers. It’s also available for the self-employed. Read more

COVID-19


Mar 25, 2020 / News

Banks announce Small Business Relief Package

Following the RBA's announcement to cut the cash rate to a record 0.25%, and the subsequent announcement to set up a $90 billion term funding facility for banks to use to support SME clients, the Australian Banking Association has announced a small business relief package from Australia’s banks. Read more

COVID-19


Mar 24, 2020 / News

COVID-19 and Safe Harbour Rules for Directors and Business Owners

As a result of the safe harbour rules, a director will not be subject to the insolvent trading laws under the Corporations Act 2001 (and therefore not held personally liable for the debts of the business incurred past a point of potential insolvency) where they are implementing a plan of action to restructure the affairs of the company that complies with the safe harbour rules. Read more

COVID-19


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