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COVID-19 Assistance

A message of support from Jessica and Tim

To our valued clients and community,

Like us, you will be receiving many email updates from many companies on how they are adapting their operations to deal with, and prepare for, the impact of COVID-19. Accounting Solutions Victoria is also actively responding to these risks so that we can both protect and support our staff as well as continue business as usual for you.

The purpose of this message is simply to reassure you that we are confident we can cover key business activities and support our clients whilst at the same time protecting the health of our staff.

As a business that’s already accustomed to operating across multiple offices with high levels of flexible work, we are well placed for our staff to work from home.  All our key systems and means of communication are accessible anywhere. We are regularly testing and adapting our own response and contingency plans so that we are fully prepared for a range of possibilities. Throughout this time, even if we decide to close our offices, our phone lines and business remain fully operational and you can continue contacting your Accounting Solutions Victoria representative using your preferred communication platform.

As you may be aware there have been many Government assistance packages announced, below are the links that will assist you in deciding whether you are eligible.

Current Government Support Available

Individuals & Households – https://treasury.gov.au/coronavirus/households

  • Income support for individuals
  • Payments to support households
  • Temporary early release of superannuation
  • Temporarily reducing superannuation minimum drawdown rates
  • Reducing social security deeming rates

Businesses – https://treasury.gov.au/coronavirus/businesses

  • Boosting cash flow for employers
  • Temporary relief for financially distressed businesses
  • Increasing the instant asset write-off
  • Backing business investment
  • Supporting apprentices and trainees

Supporting for the flow of credit - https://treasury.gov.au/coronavirus/business-investment

Employment Guidelines -

Coronavirus and Australian workplace laws

Employsure_AU_2020_Coronavirus-Guide

https://employsure.com.au/blog/coronavirus/

Up-to-date Coronavirus business support can be found on the Business Victoria website  https://www.business.vic.gov.au/disputes-disasters-and-succession-planning/illness-and-business-management-plan/coronavirus-business-support

We recognise that this must also be an extremely difficult time for you, and we are here to offer our support. If there is any way in which Accounting Solutions Victoria can assist you, please do not hesitate to contact us.

Jessica, Tim and the Accounting Solutions Victoria Team