Updated: Mar 19, 2020
Here's a quick summary:
Household fees frozen
Well, you still have to pay your Council fees, electricity, water and car registrations and licence renewals, but it will not be increased by the projected 2% CPI indexation.
Public transport and the Emergency Service Levy (ESL) are also frozen this financial year and could potentially carry over to next year.
Double Energy Assistance Payment (EAP)
Eligible Western Australian pensioners can get up to $600 to alleviate the costs of electricity bills, which will cost $91 million.
Paid COVID-19 leave
Western Australian public servants including casual staff can take up to 20 days of paid COVID-19 leave which will be available for employees who:
- Have contracted the virus themselves
- Need to self-isolate due to the virus
- Need to care for family due to school or childcare closures, or
- Are otherwise unable to attend work due to the virus
$17,500 grants to SMEs
The biggest win is for small to medium businesses with a payroll of between $1 million and $4 million which will receive a one-off grant of $17,500. This is on top of the Federal Governments $25,000 PAYGW and $21,000 apprenticeship support to keep jobs going.
Payroll Tax Changes
The payroll tax threshold is increased to $1 million on 1 July 2020. Small businesses which pay less than $7.5 million in taxable wages this year can apply to defer their payroll tax payment to July 21, 2020. If you need to apply, please email firstname.lastname@example.org
More information can be found at https://www.wa.gov.au/organisation/department-of-the-premier-and-cabinet/coronavirus-covid-19-western-australian-government-response