Applications for Concessions
Various concessions are being administered by different government departments and organisations so for ease of finding the application details, we have added the links to forms here. While this list is not exhaustive, we have included the main items of interest.
- A new Small Business Advice for Recovery Grant Program is now open.
Small businesses can receive a grant of $750 toward the cost of engaging an appropriate consultant to provide advice or a service that will assist the business in its recovery from the COVID-19 pandemic. This is a similar program to previously available grants.
The program opened 28 October 2020 and closes on Monday 22 February 2021 at 12 noon, or when the funding has been fully allocated, whichever occurs first.
- The Tasmanian government's Landlord Support Fund is now open for applications. A landlord or their agent can apply for up to $2,000 in a one-off financial support payment if they have current residential leases and tenants who have fallen behind in paying rent due to the COVID-19 pandemic, as at 31 August 2020. This program end date has been extended to 31 January 2021.
- Treasury has released an updated FAQ factsheet for the Commonwealth HomeBuilder program. You can access additional information about the program on this Treasury page and information about the Tasmanian HomeBuilder Grants on the Tasmanian State Revenue Office page.
- Tasmanian State Government support packages for business including application forms are available at Business Tasmania.
- Tasmanian State Revenue Office is maintaining the COVID-19 page with information about the payroll tax and land tax concessions, including the guidelines and applications forms for the waiver of payroll tax for:
- Hospitality, tourism and seafood industry businesses for the last four months of 2019-20.
- Other businesses with payrolls of up to $5 million that have been adversely affected by the pandemic can have their payroll tax waived for April to June 2020.
- JobKeeper wages.
- New youth employees (15 - 24 years old).
- Aurora Energy has a page for its COVID-19 Customer Support Program which includes links to the relevant application forms for small businesses and residential clients.
- TasWater relief for business and residential clients is outlined on their dedicated page including links to contact them for assistance.
- Business Vehicle Registration Relief information including a link to the application form. We recommend that you also consider the Frequently Asked Questions (FAQ) page available via the same link.
- Apprentice and trainee wage subsidy applications are now open.
- The Targeted Small Business Grant provides a subsidy of up to $5,000 for employers in eligible target industries for each apprentice or trainee they employ as a new worker. Eligible industries include building and construction, tourism, hospitality and manufacturing. Applications are available through Skills Tasmania.
- Assistance available from Telstra.
- Assistance available from Optus.
Warning: there has been a spike in COVID-19 related scams, including fraudulent text messages and emails. Please visit the Australian Cyber Security Centre for some examples and Stay Smart Online for up to date information on emerging scams.
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The content of this newsletter is general in nature. It does not constitute specific advice and readers are encouraged to consult their Ruddicks adviser on any matters of interest. Ruddicks accepts no liability for errors or omissions, or for any loss or damage suffered as a result of any person acting without such advice. This information is current as at 31 March 2020, and was published around that time. Ruddicks particularly accepts no obligation or responsibility for updating this publication for events, including changes to the law, the Australian Taxation Office’s interpretation of the law, or Government announcements arising after that time.
Any advice provided is not ‘financial product advice’ as defined by the Corporations Act. Ruddicks is not licensed to provide financial product advice and taxation is only one of the matters that you need to consider when making a decision on a financial product. You should consider seeking advice from an Australian Financial Services licensee before making any decisions in relation to a financial product. © Ruddicks 2020