If you have been affected by the economic downturn, you’ll be able to access a “coronavirus supplement” of $550 a fortnight for the next six months.
That is on top of other benefits – so if you’re already receiving payments through Jobseeker (formerly known as Newstart), your can claim both.
Sole traders and casual workers who are currently making less than $1.075 a fortnight will be eligible to receive the full supplement.
In practice, that means if you’re a single parent (receiving a maximum fortnightly payment of $612 through Jobseeker), for example, and you meet the criteria, you’ll take home about $1,162 a fortnight.
This means anyone eligible for the maximum Jobseeker payment will now receive more than $1,100 a fortnight, “effectively doubling the Jobseeker allowance,” Treasurer Josh Frydenberg said.
Sole traders or casual worker who have had their income or hours reduced by 20 per cent or more as a result of Coronavirus will also be able to access to up to $10,000 of their superannuation tax-free.BACK TO NEWS
Valenti Lawyers and our Kim Valenti and his family have been clients of Rosemount Partners since it commenced business. During all of that time both Valenti Lawyers and the Valenti family have been advised on various accounting, taxation and business matters as they have arisen from time to time.
On all occasions that Valenti Lawyers and the Valenti family have dealt with Claude and his team at Rosemount Partners we have received the highest quality advice in a cordial, respectful and cost effective manner. We commend Rosemount Partners to you.
Claude and the team at Rosemount Partners have looked after our business and personal finance for over 18 years with a level of service that’s second to none. The ease at which I can touch base by phone, email or appointment gives us great peace of mind when navigating the challenges of business finance and taxation. The prompt, accurate and friendly service has certainly made Claude more a member of our family than just our business and personal Accountant.
I highly recommend Claude and the team at Rosemount Partners.
We have been with Rosemount Partners for 25 years. During this time Claude has successfully helped us with our business and set up our self managed superannuation fund. Without him and his dedicated staff, we would not, now retired, be in such a secure financial position. Claude and his staff treat you as family and not a number. They care about your current and future financial needs.They are always available for professional and trusted advice and guidance.
We highly recommend them to all.
Whistler’s Chocolate Co is a fast growing family business that has required a professional and personal accounting and business management team to help steer their business through frequently changing and challenging times.
Rosemount Partners accounting service has provided us with this support for many years which allows us to focus on maintaining the everyday running of the business as the accounts are maintained and serviced to a high standard with prompt professional advice if required.
Claude Riberi and his team at Rosemount Accounting are outstanding in their delivery of accounting and taxation services. We have been clients for over 7 years and throughout this time, Claude has been exceptional in keeping our specialist medical practice compliant across all tax and accountancy matters. As our medical practice has grown and evolved, Claude has provided excellent support in implementing the most appropriate business planning strategies to maximise our financial growth and sustainability. At any time when we have come across a situation we are unsure of, Claude is always just a phone call away to advise us with his up to date accounting knowledge to put our minds at ease.
We highly recommend the accounting services of Claude and his colleagues at Rosemount Partners.
We have been clients of Rosemount Partners in both a personal and professional capacity since 1996. During this time we have been extremely satisfied with the tax and accounting services they have provided. We highly recommend Rosemount Partners to anyone looking for professional, competent and personable Accountants.
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