Temporary relief for financially distressed businesses

Website | Fact Sheet

  • Up to 6 month deferral on payments
  • Possible extension/deferral of lodgement
  • Convert to monthly BAS – early access to GST credits (min. 12 months)
  • PAYG Installments (Income Tax) can be varied to Nil – Speak to Accountant
  • Remit penalties and interest imposed since 23 Jan 2020 – Process to be determined i.e. Automatic or Upon Request
  • Low interest payment plans – no further details

NOTE : There is no discretion available for super payments – super must be paid as per normal

Want to grow your business? Our Free Resources will Help