Hi guys, tried searching for this question but could not see another post about it, relating to this query.
Can anyone give any input regarding this situation.
Small business - (company) pty ltd - not a sole trader.
One employee only (same person as the director) who is full time employed by the company and draws regular working wage.
I would say (and the accountant agrees) the above means the business is NOT a non-employing business. It is also not a sole trader.
Turnover is over $75K per year.
Due to the lockdown, my hours are down from 45 hrs/week to about 8 hrs/week (paperwork etc)
That being the case and if turnover is down 70+ %, the business -
- can apply for one off $15K NSW govt grant (which the company has done)
- can apply for jobsaver (which the company has done)
Now the confusing part is, can I, the employee, apply for the $600/$750 weekly Disaster payment.
The text from everything I have read does not say I cannot. I, as an employee fulfil the criteria.
My accountant believes I cannot.
Other accounting and law firms say you can
Whirlpool discussion if anyone else is in same boat:
Anyone here in the same boat or has further knowledge of it.
Apparently, when you call to ask Service NSW (after an hour wait) they cannot give a definitive answer.