JobKeeper and other Finance Updates

Updated on 29/07/2020

JobKeeper 2.0

The Federal Government has advised that the JobKeeper scheme will continue until  March 2021. There are some changes to the current arrangement for stages 2 and 3. Here's a great article explaining what is currently known about the next phase of JobKeeper. Please ensure your church Treasurer is aware of this information.

Cash Boost

When churches submit their June 2020 BAS, there is an automatic additional Cash Boost of $5,000. This does not have to be applied for or refunded by the church. This amount will be added to the refund or deducted from the amount payable.

State Grant

The State Government has announced a Business Support Grant for businesses and not-for-profit organisations based in the Metro Melbourne area or Mitchell Shire. It is similar to the $10K grant, previously offered, but some of the criteria has changed. For more info click here.

Source: BUV News