The COVID-19 pandemic has affected all businesses in one way or another. With no clear end to this crisis in sight, business owners are becoming increasingly anxious as to how to best handle their employees. At Mark Calleja Accounting we have already begun advising and guiding our clients through these uncertain times.
Mark Calleja (Director of Mark Calleja Accountants) and Quest Legal Principal, Juan Perez have prepared a short video to help guide you through the options.
In summary, business owners have a number of options for supporting and managing their employees. These include:
- Decreasing or modifying your employees’ hours;
- Standing down staff;
- Termination (without redundancy)
- Redundancy ; and
- Job Keeper payments
The right choice for your business will vary on a case by case basis.
If you need help identifying the best option for you and your business, please contact Mark Calleja Accounting at email@example.com