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The Federal Treasurer has registered a legislative instrument to allow the extension of the JobKeeper payments scheme through to 28 March 2021 and the Australian Taxation Office (ATO) has issued registered three JobKeeper related legislative instruments.
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BDO Australia has predicted two key stimulus responses will form a key part of the forthcoming Federal Budget, to be delivered on Tuesday 6th October.
As the Government stimulus measures and bank concessions will taper off or come to a complete stop in the near future, it is imperative that businesses are as prepared as possible to deal with the 'rebuild' phase, particularly those negatively impacted by COVID-19.