CORONAVIRUS: TAX AND FINANCIAL HELP FOR BUSINESSES
$4b economic relief package from State Government for business and workers
The State Government announced a $4 billion economic relief package on 24 March that includes payroll tax refunds and a payroll tax holiday, energy and rent support and assistance for workers who have been displaced by this crisis. SEE THE FACT SHEET AND READ MORE HERE
Business Hotline and online support for business
The Australian Government has online and phone support for businesses affected by COVID-19 including help for sole traders, employers and companies. The 13 28 46 contact centre is now open 7 days a week from 7am to 11pm Australian Eastern Standard Time. READ MORE HERE
Support from the Australian Tax Office
The Australian Tax Office has support for businesses impacted by COVID-19. FIND OUT MORE HERE
See frequently asked tax questions about COVID-19: CLICK HERE
Coronavirus tax relief
Queensland's small and medium businesses impacted by coronavirus can defer their payroll tax payment for six months, backdated to when the travel ban started on 1 February 2020, under a new relief measure from the Queensland Government. FIND OUT MORE HERE.
Help through Qld Govt Coronavirus package
The Queensland Government announced a $27.25 million package to provide immediate assistance to industry to help Queensland deal with the impact of Coronavirus COVID-19. The Immediate Industry Recovery Package provides targeted financial support and advice; promotes Queensland through marketing and media activities; and provides counselling and support to businesses and students. Phone the Small business hotline (1300 654 687) for updates and advice. FIND OUT MORE HERE.
Find support from Business Queensland if your small business has been impacted, including mentoring sessions, financial workshops and details of government support. FIND OUT MORE HERE
Banks announce Small Business Relief Package
Australian Banking Association CEO Anna Bligh announced a small business relief package from Australia’s banks which includes deferring loan repayments for small businesses affected by COVID-19 for six months. Any business financially impacted by the effects of the coronavirus should contact their bank to access the assistance on offer.
CCIQ information for business
CCIQ has created a single point of information with support for business. LEARN MORE HERE.
Register online for coronavirus-specific webinars on managing your people, working remotely, tips in reducing your operating costs, and government support. REGISTER HERE.
The Go Global Export Program provides grants to eligible SMEs via Trade and Investment Qld to enter new export markets – there’s help for export-related costs including accreditation, advice, trial logistics and more. Grants available from $2,500 to $25,000. APPLY NOW