COVID-19 Business Support Packages

With the release of the second Government Stimulus Package and the Queensland Government’s Rescue Package this week, we thought you would benefit from an updated summary of all of the support available for your business during this challenging time. The first Government Stimulus Package provided support for business and business investment by: Providing a cash flow boost for employers increasing the instant asset write off to $150,000 and increasing the eligibility range to cover businesses with a turnover of less than $500 million backing business investment by providing accelerated depreciation deductions supporting apprentices and trainees targeted support for Coronavirus-affected regions and communities. You can find … Continue reading COVID-19 Business Support Packages