Since the JobKeeper payment was first introduced at the end of March 2020, there have been a number of updates and further announcements made in support of the Government economic response to COVID-19.
These latest updates include:
- JobKeeper payment – Since first introduced, the Australian Tax Office (ATO) has provided extra details including a step by step guide on the process and action required by employers being to enrol for the payment from April 20 onwards.
- Land tax relief for landlords – States and territories have introduced additional packages to support residential and commercial landlords and tenants impacted by COVID-19. While each jurisdiction is different, many states will provide temporary land tax relief for landlords that offer their tenants, who are facing financial stress, a discount on rent.
- National Cabinet Mandatory Code of Conduct – SME Commercial Leasing Principles during COVID-19 – A nationwide “Code” has been released to govern commercial, industrial and retail tenancies affected by the COVID-19 pandemic. This Code will be separately legislated and administered by each state and territory.
