20 March 2020
Ann Leahy’s April 2020 Funding Update
COVID-19 Information and Support For Business Increasing the Instant Asset Write-OffThe instant asset write-off threshold has been increased from $30,000 to $150,000 and expanded access to include businesses with aggregated annual turnover of less than $500 million (up from $50 million). This applies from 12 March 2020 until 30 June 2020, for new or second‑hand assets first used or installed ready for use in this timeframe. Further information: https://www.business.gov.au/risk-management/emergency-management/coronavirus-information-and-support-for-business/instant-asset-write-off Backing Business InvestmentA time limited 15 month investment incentive to support business investment and economic growth over the short term, by accelerating depreciation deductions. This applies to eligible assets acquired from 12 March 2020 and first used or installed by 30 June 2021. Businesses with a turnover of less than $500 million will be able to deduct 50 per cent of the cost of an eligible asset on installation, with existing depreciation rules applying to the balance of the asset cost. Further information: https://www.business.gov.au/risk-management/emergency-management/coronavirus-information-and-support-for-business/backing-business-investment-bbi Boosting cash flow for employersProvides $25,000 back to small and medium-sized businesses, with a minimum payment of $2,000 for eligible businesses. The payment will provide cash flow support to businesses with a turnover of less than $50 million that employ staff. The payment will be tax free. Further information: https://www.business.gov.au/risk-management/emergency-management/coronavirus-information-and-support-for-business/boosting-cash-flow-for-employers Supporting apprentices and traineesIf you employ an apprentice or trainee you may be eligible for a wage subsidy of 50 per cent of their wage paid from 1 January 2020 to 30 September 2020. You can register for the subsidy from early April 2020. Further information: https://www.business.gov.au/risk-management/emergency-management/coronavirus-information-and-support-for-business/supporting-apprentices-and-trainees Jobs Support LoansA new $500 million loan facility, interest free for the first 12 months, to support Queensland businesses impacted by COVID-19 retain employees and maintain their operations. The $500 million concessional loan facility will comprise low interest loans of up to $250,000 for carry on finance with an initial 12-month interest free period for businesses to retain staff. The Queensland Rural and Industry Development Authority (QRIDA) is responsible for the administration of these concessional loans. Further information: http://www.qrida.qld.gov.au/current-programs/covid-19-business-support/queensland-covid19-jobs-support-schemeDeferring payroll taxIf your business has been affected by the coronavirus (COVID-19), you can defer lodging and paying payroll tax returns until 31 July 2020. Further information: https://www.business.qld.gov.au/running-business/employing/payroll-tax/lodging/coronavirus-tax-relief Market diversification and resilience grantsThe Queensland Government are providing assistance for businesses impacted by the coronavirus (COVID-19) outbreak through the Market Diversification and Resilience Grants (MDRG) program. The MDRG program will benefit Queensland agriculture, food and fishing exporters and their critical supply chain partners, as well as industry organisations working with exporters to build resilience by diversifying into new markets (international or interstate). Equipment purchase grants of up to $7,500 (excluding GST) are available to support new equipment purchases up to a maximum cost of $10,000 (excluding GST). Project grants of up to $50,000 (excluding GST) are also available to support project activities. Further information: https://www.business.qld.gov.au/industries/farms-fishing-forestry/agriculture/agribusiness/market-diversification-resilience-grants COVID-19 Information and Support for Individuals Economic Support PaymentThe Government will provide a one-off $750 payment to around 6.5 million social security, veteran and other income support recipients and eligible concession card holders. Around half of those that benefit are pensioners. This payment will help to support confidence and domestic demand in the economy.Further information: https://www.servicesaustralia.gov.au/individuals/news/750-one-economic-support-payment Job seekersIf you’re isolated at home because of coronavirus, the Australian Government will grant you a Major Personal Crisis exemption for 14 days. For the Australian Government to do this you need to tell them as soon as possible after you’re isolated by calling on your regular payment line. Further information: https://www.servicesaustralia.gov.au/individuals/subjects/affected-coronavirus-covid-19/job-seekers-and-coronavirus-covid-19 Ann Leahy’s April 2020 Regular Funding Update Australian Government Drought Community Support Initiative (DCSI) – Round 2Up to $3,000 per household is available to farmers, farm workers or farm suppliers/contractors; who derive their primary income from farming-related activities; are experiencing hardship as a result of the drought; are over 18 years of age; who live or work in an eligible Local Government Area; and are an Australian Citizen or Permanent Resident. The application form takes approximately 10 – 15 minutes to complete. Residents of Balonne, Bulloo, Maranoa Regional, Murweh, Paroo and Western Downs Regional Council areas apply to St Vincent de Paul Society viahttps://drought.svdp.org.au/apply For assistance with the application (if required) Ph 1300 846 643, email: firstname.lastname@example.org or visit: https://www.vinnies.org.au/page/Find_Help/drought_assistance/ Residents of Quilpie Shire apply to The Salvation Army via: https://www.salvationarmy.org.au/need-help/rural-support/drought-community-support-initiative/ For assistance with the application (if required) Ph 1300 551 030. QCWA Public Rural Crisis Fund (PRCF) The QCWA are currently assisting farmers and their families with household support in flood and drought affected areas, in every part of Queensland. Support is given in the form of grocery vouchers, store credit or being able to pay some overdue accounts such as utility bills. For more information, Ph 07 3026 1220 email: email@example.com; Ann Leahy’s Electorate Office Ph 1800 625 430 or visit: http://www.qcwa.org.au/what-we-do/public-rural-crisis-fund/ Australian Government Support and National ServicesIndividuals, families, farms, and rural and regional communities can access a range of services and support to help them manage during times of hardship, including drought, and prepare for future conditions. It is important that those in need of support do not self-assess their eligibility for assistance and instead seek advice from an expert, like a rural financial counsellor. For more information on services and assistance available, please access the following link (below). https://farmhub.org.au/explore/?region%5B%5D=qld&sort=default The Rural Financial Counselling Service (RFCS)Provides free financial counselling to farmers, fishers, forest growers and harvesters and small related businesses who are suffering financial hardship. It’s a confidential, independent, mobile service available in all states and territories. The service offers personalised agri-business expertise to deal with hardship, help clients identify options and maximise the value of their assets. For more information call 1800 686 175 or visit www.agriculture.gov.au/rfcs. If you do not have internet access, please contact Ann Leahy’s Electorate Office Ph 1800 625 430 or firstname.lastname@example.org; for assistance. 2020 Ergon-Energex Community FundApply online before 5pm, Friday 27 March 2020 for grants of up to $5,000 to not-for-profit community groups and organisations whose projects need a helping hand to get them across the line. Projects providing a lasting benefit to the community – like support for local disaster recovery, that encourage community identity, unlock innovative solutions using renewable and sustainable resources, or improve electrical safety through educational programs and facility upgrades will be considered. Grants up to $5,000 are available for eligible projects, and a People’s Choice bonus will be awarded, meaning an additional $5,000 going to the winner, as voted by real people across our communities. For more information, and to apply, visit: https://www.ergon.com.au/about-us/community/community-fund/bring-it-to-life or contact Ann Leahy’s Electorate Office Ph 1800 625 430. Gambling Community Benefit Fund (GCBF) Applications to the Gambling Community Benefit Fund (GCBF) Round 105 will close at 11.59pm on 30 April 2020. The GCBF funding guidelines have changed and changes can be found at https://www.justice.qld.gov.au/community-engagement/news/2019/changes-gcbf-guidelines Grants from $500 and up to the value of $35,000 are available to eligible not-for-profit community groups. New applicants are encouraged to watch the tutorials on the website. Further assistance with registering or applying for a grant is available on Monday to Friday, from 8.30am to 5.00pm (excluding public holidays) via Ph 3247 4284 or 1800 633 619, email email@example.com; Ann Leahy’s Electorate Office Ph 1800 625 430 or visit: http://www.justice.qld.gov.au/corporate/sponsorships-and-grants/grants/community-benefit-funding-programs. Wheelchair Accessible Taxi Grant Scheme – Round 2Applications close on 9th April 2020. The Wheelchair Accessible Taxi Grant Scheme provides assistance up to $45,000 with a 50 per cent co-contribution from applicants, to offset the cost of purchasing and modifying a new wheelchair accessible taxi. Full details of eligibility requirements can be found in the Scheme Guidelines. For more information: Ph 1800 623 946, email firstname.lastname@example.org. Ann Leahy’s Electorate Office Ph 1800 625 430 or visit: http://www.qrida.qld.gov.au/current-programs/wheelchair-accessible-taxi-grant-scheme FairPlay Voucher – Round 2 (replaces Get Started Vouchers program).Round 2 closes on 1st April 2020 and vouchers expire on 13th May 2020. Parents, carers or guardians can apply for a voucher valued up to $150 for their child/young person. Vouchers can be used towards the cost of membership, registration and/or participation fees for eligible activities with registered physical activity providers. Support will also be available for families who struggle with the cost of regular participation but have not previously met the eligibility criteria for a voucher. As part of a limited trial, families with a combined household annual income of less than $55,000, who do not hold a Health Care Card or Pensioner Concession Card, can register an expression of interest for a FairPlay voucher. For more information visit: https://www.qld.gov.au/recreation/sports/funding/fairplay/apply Ph 137 468, email: email@example.com; or contact Ann Leahy’s Electorate Office Ph 1800 625 430. Tackling Tough Times Together (TTTT)Tackling Tough Times Together is a rolling grants program with applications accepted at any time and assessed quarterly. The program’s aim is to help communities access the resources they need to support one another through the ongoing effects of the drought. Grants are available for a broad range of grassroots, community-led initiatives that directly and clearly benefit local communities. Three tiers of grants are available: Up to $20,000 – projects to be finalised within 18 months of approval; Up to $60,000 – projects to be finalised within 18 months of approval; Up to $150,000 – applications for this tier are by Expression of Interest, and multi-year projects (up to three years) are welcomed. Applicants must speak with the TTTT team to discuss their project before applying. NOTE: Expressions of Interest close approximately 3 weeks before the quarterly due date for applications. Projects in all tiers must clearly demonstrate a focus on one activity from the following seven areas, with a further breakdown of what can be funded on the website. 1. Building community resilience; 2. Developing organisational resilience and capacity; 3. Enhancing environmental sustainability; 4. Fostering cultural vibrancy; 5. Lifelong learning and education; 6. Economic strength; 7. Improving community health and social wellbeing. For more information Ph 1800 170 020, email firstname.lastname@example.org; Ann Leahy’s Electorate Office Ph 1800 625 430 or visit: https://www.frrr.org.au/grants/tackling_tough_times_together.php FRRR – Strengthening Rural Communities (SRC) – Small & VitalSmall & Vital grants can be used for a wide range of purposes including: Delivering activities, programs and services; Purchasing or hiring equipment and materials; Community infrastructure projects; and Operational and administrative costs associated with a project will be considered. This could include wages, paying a skilled contractor, or paying for overhead costs incurred in the project’s delivery. Applications must clearly demonstrate a focus on one activity from the following seven activity areas. 1. Building community resilience; 2. Developing organisational resilience and capacity; 3. Enhancing environmental sustainability; 4. Fostering cultural vibrancy; 5. Lifelong learning and education; 6. Economic strength; and 7. Improving community health and social wellbeing. Further detailed information of activities that will be considered for funding can be found on the website. www.frrr.org.au; Applications close on 24th September 2019, however SRC –Small & Vital is a rolling grants program with applications accepted at any time. The cut-off for submissions and outcome advisory dates of successful applicants are listed on the website. If you have any queries or wish to discuss your project please contact FRRR on 1800 170 020, email: email@example.com; Ann Leahy’s Electorate Office Ph 1800 625 430 or visit: https://www.frrr.org.au/SRC_Small_Vital.php. Other Grants and Assistance available to Businesses Australian Government business grants and assistance: https://business.gov.au/assistance forQueensland Government business grants and assistance: https://business.qld.gov.au; or contact Ann Leahy’s Electorate Office Ph 1800 625 430.