fbpx

Reply To: HiI am a 71 year old very healthy woman who left full time work at 70 in  feb 2019.I then spent 7500 on a course which enabled me to start my clinical hypnotherapy and life coaching business at the end of that year. I set up my office at home and had started building clientele. And earning money. I have no other income apart from pension quick only provides enough to pay my rent $660 fortnightly. My savings will run out soon as my bus is at a standstill. Am i entitled to a covid payment at all. 

Up
4
Down

Agree with Fiona above and suggest that you apply for the wage subsidy. If you are self employed with no staff, the subsidy will form part of your taxable income at year end in your income tax return, your IR3 but you won’t have to account for GST on it if you are registered for GST.