Further Coronavirus Updates for Small Businesses

Issues with the virus have quickly ramped up in Australia over the weekend and its likely that we are all going to see further restrictions and issues arise as the government receives updates from their experts.

This is going to be a particularly difficult time for small businesses who will feel the financial impact of these restrictions maybe harder than anyone else in the community.

Below are links to various articles and information to assist small business thus far.  As information continues to be updated and released we will try and get this out to clients as soon as possible.

Cashflow will be extremely important to small businesses to see them through this difficult period but also able to ramp things back up when life returns to normal.

Ten emerging business and tax impacts from coronavirus (COVID-19) – Chartered Accountants Australia & New Zealand

Help on offer for small businesses financially affected by coronavirus – Australian Banking Association

Support measures to assist those affected by COVID-19 - Australian Taxation Office

COVID-19 Information and Support - CPA Australia

Coronavirus information and support for business - Australian Government Business

Please feel free to contact me if you have any further questions at this time.