Coronavirus support package

[davidc4430]

Coronavirus support package will see businesses get cash payments and tax relief to get them spending

https://www.abc.net.au/news/2020-03-12/coronavirus-economic-stimulus-combatting-the-spread-of-covid-...

oh, its a 'support package' not a 'stimulus package'

totally different then.

give money to welfare cheats? really?

i can think of at least 1 poster here who will not be a happy camper.

[eol-products]

 Anyone in the cleaning industry who specialises in dissinfection should be doing well. Plus for some weird reason the toilet paper industry.

[domino-710]

Everyone who has a dream and need can get grants from the government as long as they qualify for the different programs the government offers. 

A Sole Trader will submit a tax return for the business.

A Sole Trader will submit a personal tax return.

PS:

Born : Orange, NSW

Present Location : Home.

[brerrabbit585]

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@rogespeed wrote:

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@davewil1964 wrote:

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@rogespeed wrote:

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@davewil1964 wrote:

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@rogespeed wrote:

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@brerrabbit585 wrote:
Call it what you will but double dipping is double dipping. You were prepared to start up a business before the package was announced so nothing has changed, you're no worse off than you were. If the govt gave your business a handout and the business failed, what good has the money done? If it's a sound business it'll survive without a handout.

You seem to have a real obsession about this virus. I'd say it's going to become a self-fulfilling prophecy, ie. you'll get it.

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Financially a business is a separate entity to a private person , therefore a legal representitive or owner can on behalf of the entity  apply for funding - not that it will be always granted , but ethically can apply 

AS for me , the private individual , one must be careful in commenting about issues that may be soley relavent to another country as this can create a backlash from those that may feel intruded upon 

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There it is - the definition of your ethics. Screw what you can instead of working for it.

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When is business somehow not working and when is assistance between jobs unethical ? 

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My point, as I've already stated, is that a business applying for government assistance, especially when they are sole trader (such as you), might be legal, but it is not necessarily ethical.  You are the one claiming that as a business with one employee you should be able to avail yourself of government welfare and that that is ethical.

The term you should have used is 'legal', which has nothing to do with ethics.

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My understanding is that business and private concerns are separate activities as evidenced by the requiement for separate tax returns . Is possible especially when starting a business to still be drawing upon Newstart if still meeting the job activity agreement and reporting earnings. This is common for those developing a hobby into a micro-business ( and seasonal casual workers - working poor) while still  seeking regular employment. Earnings declared attract deductions as per a logarithmic scale from Newstart benefit disbursements - so is possible to be registered with Newstart and draw no benefits at all.

©  2020 rogespeed

I await comments regarding ethics and legality in context - also please note your location and national affilitation so as to assist with understanding 

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Only for a very limited period of time.

Fact:  the government has said you can't double dip.  To try and get it twice would be illegal.  End of.  Get over it!

[rogespeed]

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@brerrabbit585 wrote:

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@rogespeed wrote:

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@davewil1964 wrote:

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@rogespeed wrote:

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@davewil1964 wrote:

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@rogespeed wrote:

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@brerrabbit585 wrote:
Call it what you will but double dipping is double dipping. You were prepared to start up a business before the package was announced so nothing has changed, you're no worse off than you were. If the govt gave your business a handout and the business failed, what good has the money done? If it's a sound business it'll survive without a handout.

You seem to have a real obsession about this virus. I'd say it's going to become a self-fulfilling prophecy, ie. you'll get it.

---

Financially a business is a separate entity to a private person , therefore a legal representitive or owner can on behalf of the entity  apply for funding - not that it will be always granted , but ethically can apply 

AS for me , the private individual , one must be careful in commenting about issues that may be soley relavent to another country as this can create a backlash from those that may feel intruded upon 

---

There it is - the definition of your ethics. Screw what you can instead of working for it.

---

When is business somehow not working and when is assistance between jobs unethical ? 

---

My point, as I've already stated, is that a business applying for government assistance, especially when they are sole trader (such as you), might be legal, but it is not necessarily ethical.  You are the one claiming that as a business with one employee you should be able to avail yourself of government welfare and that that is ethical.

The term you should have used is 'legal', which has nothing to do with ethics.

---

My understanding is that business and private concerns are separate activities as evidenced by the requiement for separate tax returns . Is possible especially when starting a business to still be drawing upon Newstart if still meeting the job activity agreement and reporting earnings. This is common for those developing a hobby into a micro-business ( and seasonal casual workers - working poor) while still  seeking regular employment. Earnings declared attract deductions as per a logarithmic scale from Newstart benefit disbursements - so is possible to be registered with Newstart and draw no benefits at all.

©  2020 rogespeed

I await comments regarding ethics and legality in context - also please note your location and national affilitation so as to assist with understanding 

---

Only for a very limited period of time.

Fact:  the government has said you can't double dip.  To try and get it twice would be illegal.  End of.  Get over it!

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Blue collar ?

[domino-710]

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@rogespeed wrote:

---

@brerrabbit585 wrote:

---

@rogespeed wrote:

---

@davewil1964 wrote:

---

@rogespeed wrote:

---

@davewil1964 wrote:

---

@rogespeed wrote:

---

@brerrabbit585 wrote:
Call it what you will but double dipping is double dipping. You were prepared to start up a business before the package was announced so nothing has changed, you're no worse off than you were. If the govt gave your business a handout and the business failed, what good has the money done? If it's a sound business it'll survive without a handout.

You seem to have a real obsession about this virus. I'd say it's going to become a self-fulfilling prophecy, ie. you'll get it.

---

Financially a business is a separate entity to a private person , therefore a legal representitive or owner can on behalf of the entity  apply for funding - not that it will be always granted , but ethically can apply 

AS for me , the private individual , one must be careful in commenting about issues that may be soley relavent to another country as this can create a backlash from those that may feel intruded upon 

---

There it is - the definition of your ethics. Screw what you can instead of working for it.

---

When is business somehow not working and when is assistance between jobs unethical ? 

---

My point, as I've already stated, is that a business applying for government assistance, especially when they are sole trader (such as you), might be legal, but it is not necessarily ethical.  You are the one claiming that as a business with one employee you should be able to avail yourself of government welfare and that that is ethical.

The term you should have used is 'legal', which has nothing to do with ethics.

---

My understanding is that business and private concerns are separate activities as evidenced by the requiement for separate tax returns . Is possible especially when starting a business to still be drawing upon Newstart if still meeting the job activity agreement and reporting earnings. This is common for those developing a hobby into a micro-business ( and seasonal casual workers - working poor) while still  seeking regular employment. Earnings declared attract deductions as per a logarithmic scale from Newstart benefit disbursements - so is possible to be registered with Newstart and draw no benefits at all.

©  2020 rogespeed

I await comments regarding ethics and legality in context - also please note your location and national affilitation so as to assist with understanding 

---

Only for a very limited period of time.

Fact:  the government has said you can't double dip.  To try and get it twice would be illegal.  End of.  Get over it!

---

Blue collar ?

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There are very good products on the market for ridding the collar of the ' sweat line '.

White, blue or singlet.

[lyndal1838]

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@domino-710 wrote:

Everyone who has a dream and need can get grants from the government as long as they qualify for the different programs the government offers. 

A Sole Trader will submit a tax return for the business.

A Sole Trader will submit a personal tax return.

PS:

Born : Orange, NSW

Present Location : Home.

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A Sole Trader trading under their own name only submits one personal tax return.

A Sole Trader using a company structure submits a Company Return and the owner/Director submits a personal return.

Born  Sydney NSW

Present location  Sydney NSW

[martinw-48]

What's with the born and residing thing?

Born, Brisbane

Present location, Ballarat

[lyndal1838]

See post #70.....last line.

[martinw-48]

Thanks Lyndal but they're not numbered for me

[lyndal1838]

OK.....post by rogespeed 8 above mine.