News 2020-07-22T01:02:41+00:00

Huge additional JobKeeper concession announced for charities

Based on the Treasurer’s announcement over the weekend, charities now have the option of excluding Government income from their JobKeeper turnover test (i.e. in proving a 15% decline). That means the turnover reduction can be limited to [...]

April 28th, 2020|Categories: NFP sector, Purpose Accounting team|

More charities now eligible for Covid-19 wage subsidy – downturn threshold reduced to 15%

Last night the Government signalled a key change to the JobKeeper wage subsidy, as it applies to non-profit orgs. The wage subsidy was introduced last week to help those employers experiencing economic downturn as a [...]

April 6th, 2020|Categories: NFP sector|

Employees of non-profit orgs to benefit from new Covid-19 wage subsidy

Yesterday the Government announced a further stimulus package to keep businesses and employees afloat during the ongoing Covid-19 challenge. The central feature of the package is a wage subsidy of up to $1,500 per employee, per [...]

March 31st, 2020|Categories: NFP sector, Purpose Accounting team|