By now we are all well aware of the coronavirus (COVID-19) and the impact this will have on our daily operations.
Our client's and staff's wellbeing is our number one priority right now, therefore, for the time being, our office will no longer be making one-on-one client contact meetings. We are more than happy to continue to have appointments via telephone, Zoom or Skype.
Our office will remain open as usual for the time being.
On 12 March 2020, the government announced a package of measures to help the economy withstand and recover from the economic impact of coronavirus.
The government intends to introduce legislation in late March 2020 to implement its Economic Response to Coronavirus.
Click here to read more about the cashflow assistance that the government will be providing to employers.
The ATO understands this is a time of significant uncertainty and that they will need to be flexible in how they help businesses.
Options available to assist businesses impacted by COVID-19 include:
However, these concessions will not be automatically applied to assist taxpayers. The ATO requires to be contacted in order to request assistance so please do not hesitate to contact our office to discuss your options.
Further readings on COVID-19:
https://www.ato.gov.au/Media-centre/Media-releases/Support-measures-to-assist-those-affected-by-COVID-19/
https://www.ato.gov.au/General/New-legislation/The-Australian-Government-s-Economic-Response-to-Coronavirus/
https://www.ato.gov.au/Individuals/Dealing-with-disasters/In-detail/Specific-disasters/COVID-19/