The COVID-19 pandemic is affecting businesses everywhere. Many business owners are worried about how they will get through it all.
Pretium Solutions is committed to helping our clients and all businesses in the community get through these trying times. We want to see businesses pulling together as we push through to the other side.
We will provide updated information on supports for businesses on this page.
Please reach out if you have any questions or concerns about your particular situation.
Latest Government Supports and Information
Governments and agencies are regularly updating their advice. Summaries of Government support will be updated regularly here. Subscribe to our social media for more alerts and updates.
The Federal Government has released the Coronavirus Economic Stimulus Package.
Some important points:
The Government will guarantee 50% of new loans issued by eligible lenders to SMEs
There will be some temporary relief for businesses experiencing financial stress
Assistance with cash flow
Greater access to support payments
Temporary tax measures to support business investment
Increase and extension of the instant asset write-off and acceleration of depreciation deductions
Administrative relief from the ATO
Read the latest summary by the Chartered Accountants Australia NZ of the Government's business assistance here.