Three primary methods of financial support are available to businesses during extended lockdowns: Up to $15,000 through the expanded NSW 2021 COVID-19 business grants program; up to $100,000 in weekly JobSaver cashflow support payments, and NSW micro-business grants

Inside this month’s Nine Advisory Small Business Tax Update, we look at Afterpay’s sales announcement (and the tax treatment of their shares if you happen to hold any), because we’re all a little curious about how you start a business in 2015 then sell it in 2021 for $39bn. Lockdown support update for each state, and how to grow your business value.

If your business has been adversely impacted by the recent lockdown in NSW, support is coming.

The NSW and Federal Governments have announced a series of new measures to support business during extended lockdowns of four weeks or more. Find out the latest update here.

The highly infectious Delta COVID variant is triggering lock-downs across the country. We look at what help is available and how you can get it.

The COVID-19 disaster payment is available to eligible workers who can’t attend work or who have lost income because of a lockdown and don’t have access to appropriate paid leave entitlements. And, it only applies from the eighth day of lockdown.

If you can’t work because you or someone in your household is impacted by COVID-19, there is support available, but it comes with fairly strict eligibility criteria.

There are two payments accessible to individuals: The COVID -19 Disaster Payment; and the Pandemic Leave Disaster Payment.

Don’t get me wrong here. ‘Mother hen’ is a reference used for any incumbent worker, both male and female, who have played a variety of roles within a business without a targeted skill set. Though they have been valuable in the initial stages of establishing the business through the entrepreneurial journey, the established business that is looking to grow and scale will no longer find this type of staff member effective or profitable.