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.