ACAPMA Daily COVID-19 Roundup | as at 17:00 15/4/2020
I haven’t bothered you all for a few days, I hope you have had a great trading period of Easter and this update finds you well and in good spirits. Below is the latest update from ACAPMA
Last week we had a live a Q&A with Mark Mackenzie from ACAPMA, If you would like to see again the whole interview is on our Website. Please feel free to share with friends or business associates who is running a small business you feel might get some value out of it.
NEXT MONDAY WEBINAR at 11am …… The IMPACT the Corona Virus has had on the C-Store industry in Australia.
AACS has commissioned a study on how Covid-19 has changed consumer behaviour and the impact this has had on the C Store industry. This is hot off the press and we have asked Corinne Barclay to share learning from this study and how we can practically use these insight in our business. We hope you can join us. A link will be sent out soon.
Wish you all good health
Daily COVID-19 Roundup | as at 17:00 15/04/2020
This is a short message to capture the items of change and interest for businesses in the downstream petroleum industry in light of the COVID-19 situation.
This message has been sent to the Principle for each business as per the ACAPMA Member Register. Please feel free to forward through your business as required.
Follow ACAPMA on LinkedIn for articles and resources as they are released, so you don’t have to wait until COB to get your information; https://au.linkedin.com/company/australasian-convenience-and-petroleum-marketers-association-acapma-
Whats New - Changes and Items of Interest
- JobKeeper Wage Subsidy program – Get your Forms to Staff NOW
Late last night the required forms for the business to complete and for the employee to complete were been released. Businesses should be downloading the Form, completing their section and forwarding onto staff to have them complete and return the forms to the business ready for the Application Process with the ATO, that commences 20/4/2020 (see below). For a copy of the form see; https://www.ato.gov.au/Forms/JobKeeper-payment---employee-nomination-notice/ For a deep dive into the JobKeeper Program, including the payments and the flexibility options see; https://acapmag.com.au/2020/04/jobkeeper-wage-subsidy-details-released/ and https://acapmag.com.au/2020/04/jobkeeper-wage-subsidy-program-when-to-pay/
- JobKeeper Wage Subsidy program – Application for Approval will commence from 20/4/2020
Late last night more detail on the actual process for getting approved by the ATO to participate in the JobKeeper Program was released. In addition to the publication of the Employee Nomination Form (see above) the ATO has confirmed that from 20/4/2020 the online Application for Approval process will be open to businesses. Businesses will need to have their forms completed and the employee nomination forms (and subsequent Eligible Staff Lists, all ready to go by 20/4/2020 in order to apply and be Approved for the JobKeeper Program. Watch out for tomorrows COVID-19 Roundup, which will include a full worked example of what the fabulous fictional XYZ Servo Business has to do to get ready for, apply for and implement the JobKeeper Program in its store
- JobKeeper Wage Subsidy program – Will be assessable income for TAX, but is balanced by being a dispersal of wages (so is neutral)
The ATO also confirmed late last night that the JobKeeper Payments that the business receives will actually count as income for the business, but they will also count as a deduction on the BAS (as all wage payments are) so the effect is neutral.
- Commercial and Residential Rent Relief – Vic launches piolet initiative
The VIC Government is leading the charge in adopting the National Cabinet Guidelines for Commercial Tenancy Code of Practice, being the first State to introduce its own mirroring legislation, which will be put to Parliament next Thursday. The legislation will include introducing a temporary ban on evictions, pausing rental increases for six months, and providing land tax relief for landlords, and rent relief for tenants, who are experiencing financial hardship. The $500 M package is aimed at giving certainty to residential and commercial landlords and tenants. Landlords who “come to the party” and provide tenants with relief, will be eligible for a 25% reduction on land tax and a deferral of any remaining land tax until March 2021. There are also measures to financially support residential tenants in distress. See; https://www.premier.vic.gov.au/wp-content/uploads/2020/04/200415-Supporting-Tenants-And-Landlords-Through-Coronavirus.pdf
- After all the drama surrounding Roadhouses, I missed talking about Roadhouses today – so here is a nice picture of a truck, included only for my amusement…
Q & A with ACAPMA
Lots of questions today about the JobKeeper Employee Nomination Forms, and when Approval will come from the ATO and what exactly the business should do and what that looks like. We are expecting more information to be released later tonight on the actual Approval requirements and so tomorrow the COVID-19 Roundup will have in this Q&A Section, a fully worked example of the information businesses should be gathering and when, and templates for staff, accountants and others…
ACAPMA Consolidated COVID-19 Articles and Resources (updated daily)
- For general information on the situation and the implications for employing staff, including new sections on Payments and Leave, and considerations around business downturn see; https://acapmag.com.au/2020/03/hr-highlight-managing-covid19-risk-in-the-workplace/
- For information and resources on Keeping Customers and Staff Safe instore from a practical standpoint see; https://acapmag.com.au/2020/03/hr-highlight-covid-19-keeping-customers-and-staff-safe/
- For practical guidance on achieving Social Distancing in Retail, including guides and posters see; https://acapmag.com.au/2020/03/safe-distancing-in-retail-maximum-vs-practical-limits-and-communications-to-customers/
- For practical guidance on Roadhouses and the exemptions to allow Dine In for Heavy Vehicle Drivers, including guides and posters see; https://acapmag.com.au/2020/04/states-confirm-roadhouse-open-for-dine-in-for-heavy-vehicle-drivers/
- For information on Boarder Closures see; https://acapmag.com.au/2020/03/border-restrictions-what-you-need-to-know/
BUSINESS RELIEF MEASURES
- For information on the raft of support measures available to businesses, including the Job keeper Wage Subsidy see; https://acapmag.com.au/2020/03/wage-subsidy-what-you-need-to-know/
- For the one stop list of all COVID-19 Business Support Measures, including links and information see the ACAPMA COVID-19 Business Assistance Quick Reference Guide.pdf – ACAPMA Members can request a copy of the Guide by emailing email@example.com .
Email firstname.lastname@example.org and we will get you answers and fold those answers into these consolidated articles
STAY UP TO DATE
Follow ACAPMA on LinkedIn, so you get the daily updates - https://au.linkedin.com/company/australasian-convenience-and-petroleum-marketers-association-acapma-
We look forward to a time when we will not have to send out these daily updates, but for now the situation is changing so rapidly that these updates are seen as necessary to ensure that Members are updated. If you would like to be removed from the update list please reply to this email and request removal.
A fun fact to end today…
Baseball umpires used to sit in rocking chairs…
(as we all try to keep our spirits up I will be accepting your jokes and fun facts – prizes to those who bring a joke I haven’t heard before)
Stay safe everyone – long distance hugs and high fives for you all!
Should you require any further information or assistance please do not hesitate to contact me.