Today the government has announced that a “Mandatory Code” will be introduced to assist businesses through the Covid-19 crisis.
One of the questions the accounting profession is receiving after the “Cash Flow Booster” Stimulus Update was delivered, was whether it would be a good time to “implement a wage” or “increase wages”.
Read my summary of yesterday’s stimulus announcement – the JobKeeper Payment being the section that will impact our business clients.
As many of our customers are in trades and field services, I felt that some clarity around the Apprentice subsidy part of the Stimulus Package would be useful.
The government’s delivery of the Stimulus Package has been confusing to say the least and we now have some clarity finally. Here is what you need to know.