Tax-free payments for small and medium businesses have been increased to $100,000 each. Small and medium businesses will also now have access to cheap government guaranteed loans as part of the government’s $66 billion Coronavirus rescue package. The $100,000 can be used for wage subsidies. However workers who have been stood down or laid…Read More
As part of the government’s response to the Coronavirus epidemic, the government has included in its stimulus package a measure which will boost cash flow for businesses. This particular measure will provide small and medium-sized businesses up to $25,000 in payments with a minimum payment of $2,000 for eligible businesses. Businesses with an aggregated annual…Read More