The Government has implemented a range of financial assistance measures to assist businesses through the COVID-19 crisis.
One of the measures includes a Cash Flow Boost of up to $100,000 to eligible small and medium sized businesses that employ staff with a minimum payment of $20,000. The payments are in the form of credits over the March, June and September Business Activity Statements.
Also, if your business has seen a downturn of more than 30% since the start of the COVID-19 crisis, you and your employees may be eligible to receive JobKeeper payments.
Want to know if your business qualifies? Call me today on 0416 09 33 94 or Book a Chat for another day.
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Remember, the information contained herein is general in nature and does not take into account your personal or business situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from your Accountant or Tax Agent.