RDA Moreton Bay: Business News Update

General Business News Update

Courtesy of Regional Development Australia Moreton Bay

JobKeeper changes as of Monday 28 Sep 2020

Jobkeeper has been extended to 28 March 2021. As of next Monday the payment rate for an employee/business participants working 20 hours or over will reduce from $1,500 to $1,200 per fortnight until 04 Jan 2021, then to $1,000 per fortnight until 28 March 2021. For employees/business participants under 20 hours it will be $750 per fortnight.

Businesses and not-for-profits seeking to claim the JobKeeper Payment will be required to demonstrate that they have suffered a decline in turnover using actual GST turnover (rather than projected GST turnover).

Additional decline in turnover tests are required to continue on Jobkeeper, select details for further information.

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Moreton Bay Region Business Planning Workshop

Do you want to create a business plan to source funding from banks/grants/investors? Do you want to learn how to pitch your product? Are you a small business owner in the Moreton Bay Region? Register for our FREE workshop program delivered by USC Caboolture

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Moreton Bay Region Business & Jobs Expo - Thursday 29 October

Our exhibition booths are full!! Register now for your FREE tickets to visit and connect with 144 local businesses exhibiting at this years Expo! There are also Workshop Programs, Live entertainment and Food trucks. This is a COVID Safe event, you must register to attend the Expo. No Ticket, No Entry.

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Moratorium on commercial lease evictions extended to end of 2020

This mans that to the end of 2020 commercial leaseholders under affected leases can't have their lease terminated if they fall into arrears as a result of the coronavirus pandemic.

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More tax relief to Small and Medium businesses in QLD

The new measures are a two-month waiver for of payroll tax for July and August 2020 for businesses with annual Australian taxable wages up to $6.5 million; continuing to exempt JobKeeper subsidy payments from payroll tax; allowing businesses to pay off existing payroll tax deferred liabilities over the course of 2021; and for businesses renting State Government premises and incurring a demonstrable COVID impact, extending existing rent relief to the end of calendar 2020.

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