Sun. Sea. Sand. That sounds like a lovely holiday! Here in Sydney we can only imagine. While we might not be playing in the sand, we shouldn’t be burying our heads in the sand either.
You may need to review your setup to keep your head above water. You might be considering standing down your employees as the workplace is closed – make sure you stay on the right side of FairWork,
Over the weekend Service NSW updated their website – extending the testing period for JobSaver & Micro Business Grant
You can now test for a 30% or more decline in turnover between 26/6/21 and 28/8/21 – the period must be 14 consecutive days or more
Service NSW released more info on Friday and Tuesday night and again today.
Not all details or scenarios have been clarified as yet.
FAQs
Suddenly there are a lot more of us running or working for a home business!
Although the Streamline team have been able to work from home for years – this is different.
Please sing out if there is anything we can do to help, or if you’d just like to chat.
Right now in Sydney, many small businesses feel like they could become extinct at any moment.
Various grants can provide a lifeline to your business – but you need to have accurate data at your fingertips to make it happen. Using spreadsheets or column books (are they still a thing?) rather than decent accounting software is going to make eligibility testing much harder than it needs to be.
Is it time for your business to evolve from the Jurassic era? We’ve been around since the stone age (1997) – we can help you modernise your business too.
So you want to stand down your employees during the lockdown – make sure you follow FairWork guidelines. They have updated their website today.
What support is available for my business?
That is a great question – there are a number of support measures available and each one has slightly different eligibility requirements
Have you thought about hiring an intern? As a small business owner, wouldn’t it be wonderful to get some free labour from someone who needs experience in your industry?
But before you bring someone into your business make sure you are on the right side of fairwork!
Did you know the June BAS has 3 different due dates depending on the lodgement method?
Regardless of method – on time lodgement is important – fines can be imposed for late lodgement.
Even if you can’t pay the BAS – you’ll be better off lodging to avoid fines, you can make a payment plan while times are tough.
STP finalisation for staff is due by 31st July – make sure you reconcile your payroll accounts BEFORE you press the button.
If we manage the whole payroll shebang for you, we have reconciled your accounts and need your permission to finalise – make sure you review and sign.
If we are supporting you, but you are the STP submitter for your business, we have sent you instructions on how to finalise.
Who? What? When? Where? Why? Reach out if you need a hand to sort out your payroll!
