122 Posts

New WA $154.5 million relief package announced to support residential and commercial tenants, landlords and the construction industry

Posted on April 24, 2020 by Ashley Dawson

The McGowan Government has announced a new package to support residential and commercial tenants, landlords and the construction industry in the COVID-19 pandemic. The package adds to the McGowan Government’s $1.7 billion stimulus and relief package for businesses and households impacted by the COVID-19 pandemic.

It complements the introduction of a six-month freeze on rent increases, the moratorium on evictions from March 30, 2020, and the $25 million small business rent relief package announced last month.

The McGowan Government has set aside $100 million of the new package for land tax relief grants to be paid to commercial landlords.

To be eligible, commercial landlords must provide rent relief that equates to a minimum of three months’ rent and freeze outgoings to small businesses that have suffered at least a 30 per cent reduction in turnover due to COVID-19. Grants equivalent to 25 per cent of the landlord’s land tax bill for 2019 20 for the property in which an eligible tenant is provided relief will be paid to landlords.

The commercial rent relief grants will be administered through the Small Business Development Corporation, with applications opening May 1, 2020. For more information on eligibility criteria and how to apply, visit http://www.smallbusiness.wa.gov.au

The McGowan Government has also committed $30 million for grants of up to $2,000 for residential tenants who have lost their job and are facing financial hardship. This assistance will help to preserve tenancies by helping eligible tenants continue to pay rent, and will reduce the risk of exposing landlords to financial hardship in meeting their mortgage obligations.

Under the scheme, grants equivalent to four-weeks’ rent up to a maximum of $2,000 will be paid directly to the tenant’s landlord, to contribute to the tenant’s rental payments. The grants will be provided in addition to rental reductions negotiated between tenants and landlords.

The residential rent relief grants will be administered through the Department of Mines, Industry Regulation and Safety (DMIRS), with applications opening from May 1, 2020.

The scheme will be available to tenants or sub-tenants who have lost their job, applied to Centrelink for income support, have less than $10,000 in savings, and are still paying at least 25 per cent of their income in rent. For more information on eligibility criteria and how to apply, visit http://www.dmirs.wa.gov.au/covidrenting

To qualify for these commercial and residential grants, landlords must agree not to seek to recover this rent relief from tenants at the end of the period.

The McGowan Government has also announced $24.5 million in support to assist the building and construction industry to maintain a skilled workforce during the COVID-19 crisis. This includes a $2,000 payment to eligible employers to maintain existing apprentices and trainees.

If any of the new relief packages impact you or to discuss eligibility and application, please contact one of our Team on (08) 9316 7000.

We are here to help

Trying to think of everything you need to do keep your team and customers safe and healthy right now as well as run your business is tough.

We will continue to keep you informed of all government stimulus and other measures and how they apply to your business and are here at any time of the day to give you advice on your business continuity plans and cashflow.

Please call us on (08) 9316 7000 if there is anything we can do to help you.

If you need us outside of work hours, please call one of our Directors:

Andrew Sullivan on 0407 680 698
Chris Grieve on 0417 967 539
Ashley Dawson on 0438 014 318

We are here for you and together we will all get through this.

We will all come out the other side with more resilience, more compassion and more empathy.  Until we do, please look out for each other.

How to Apply for the JobKeeper Program

Posted on April 15, 2020 by Ashley Dawson

Following the passing of the legislation for the Federal Governments JobKeeper assistance package, the Australian Taxation Office (ATO) has now released guidance on the application process for employers.

There are a number of steps that need to be taken that involve the assessing of eligibility, notifying employees, enrolling with the ATO and ensuring payroll is processed in accordance with eligibility requirements. We’ve provided a guide below as to the steps involved:

1. Check if you as the employer meet the eligibility requirements here

2. Check if your employees meet the eligibility requirements here

3. Notify eligible employees that you (their employer) intend to participate in the JobKeeper scheme

4. Confirm with eligible employees that they agree to you being the primary employer to receive JobKeeper Payments and send the nominated employees the JobKeeper Employee Nomination Notice to complete and return to you

5. Pay the minimum $1,500 to each eligible employee per JobKeeper fortnight. The first fortnight starts on 30 March and ends on 12 April. Alternatively, you can make one combined payment of $3,000 for the first two fortnights paid by the end of April 2020

6. Enrol for JobKeeper from 20 April using the Business Portal and authenticate with myGovID

7. Lodge employee payment details for eligible employees via Single Touch Payroll (STP) or through the Business Portal

8. Lodge monthly JobKeeper Declaration Report including reconfirmation of eligible employees, current and projected turnover

Should you require any assistance in applying for JobKeeper, including the assessment of eligibility at the employer or employee level, please contact our office. It is important to note that the above program is intended to support active businesses only and is subject to ATO integrity rules, including ensuring that both employers and employees do in fact meet the eligibility requirements. In the event that these tests are failed the ATO has powers to claw back any payments made and penalties and interest may apply.

We are here to help

Trying to think of everything you need to do keep your team and customers safe and healthy right now as well as run your business is tough.

We will continue to keep you informed of all government stimulus and other measures and how they apply to your business and are here at any time of the day to give you advice on your business continuity plans and cashflow.

Please call us on (08) 9316 7000 if there is anything we can do to help you.

If you need us outside of work hours, please call one of our Directors:

Andrew Sullivan on 0407 680 698
Chris Grieve on 0417 967 539
Ashley Dawson on 0438 014 318

We are here for you and together we will all get through this.
We will all come out the other side with more resilience, more compassion and more empathy.  Until we do, please look out for each other.

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