COVID-19 GOVERNMENT STIMULUS PACKAGES 

Jeremy Calnan and Chartered Accountant Craig Shirley discuss the COVID-19 Government Stimulus packages.

Topics discussed include:

  • Early access to super
  • Minimum pension payments
  • Boosting cashflow for employers
  • Income support – the corona supplement
  • Reduction of deeming rates

Attached is an update by the The National Tax and Accountants’ Association for reference: “Government’s Stimulus Package in response to the Coronavirus”.

Please seek personal taxation and financial advice as any information provided here is only general in nature and does not consider your specific circumstances. It is also important to note the various stimulus packages are being updated regularly as the situation develops.

NTAA GOVERNMENT’S STIMULUS PACKAGE’S DOCUMENT

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Disclaimer: Any opinions or recommendations expressed here do not purport to Financial Advice but rather should be considered General Advice and does not take into account your personal needs and objectives or your financial circumstances. You should therefore consider these matters yourself before deciding whether the advice is appropriate to you and whether you should act upon it. Should Financial Advice be sought, we suggest you seek such advice from an appropriately qualified advisor. Any yields, rental income, tax rates, interest rates, depreciation rates, inflation rates Dividends per Share (DPS) and Earning Per Share (EPS) etc shown are estimates only and should not be used as a guide to future performance. Past performance is not necessarily a guide to future performance and should not be relied upon for this purpose. Authorised Representative of PGW Financial Services Pty Ltd – AFSL 384713 ABN 15 123 835 441.