by Cindy Su | Feb 13, 2023 | Business, Business Support, Tax & Accounting
New figures from the ATO reveal that it issued 18,500 Director Penalty Notices (DPNs) in 2022 and disclosed the tax debts of almost 500 businesses to credit referral agencies. This new weapon waved in $714 million tax debt payment for the Government agency, and an...
by Chan & Naylor | Feb 1, 2022 | Business Support, COVID-19, Small Business
Small Business Support Package The NSW Small Business Support package provides eligible employing businesses with a lump sum payment of 20% of weekly payroll, up to a maximum of $5,000 per week for the month of February 2022. The minimum weekly payment for employers...
by Chan & Naylor | Oct 21, 2021 | Business, Business Support, COVID-19
Ongoing Support for NSW Businesses | JobSaver and Micro Grants New South Wales businesses will still be able to obtain financial support from the NSW Government as a result of the Covid-19 lockdown but there are important changes to the grants system that business...
by Chan & Naylor | Aug 19, 2021 | Business, Business Support, COVID-19
NSW Government COVID-19 | Lockdown Support Payments The NSW Government is offering 3 types of financial support to businesses across NSW as part of the COVID-19 support package: JobSaver payment COVID-19 micro-business grant COVID-19 business grant. Comparison of the...
by Chan & Naylor | May 13, 2021 | Budget 2021, Business Support
A number of important measures were announced to more broadly support business taxpayers. These measures will support businesses to invest and grow, remove unintended consequences and reduce compliance costs. Extension of temporary full expensing measure A one year...
by Chan & Naylor | Mar 18, 2021 | Business, Business Support, COVID-19
SME Recovery Loan Scheme | Does your Business Qualify? The Government’s SME Recovery Loan Scheme is designed to support the economic recovery, and to provide continued assistance, to firms currently on JobKeeper. The Government will work with lenders to ensure that...
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