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COVID 19

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Newbie

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Hi I own what I call a micro business in a small town that is finding it hard too. I’m to small to be paying GST and putting in a BAS. I’m literally surviving month to month. What help is there for me to keep my business going. I may not survive through this tough time.
What help is available out there for my business.
Thanks
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Community Support

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Hi @Shaz5766 

 

We understand it’s a very stressful time.

 

We’re supporting small businesses who have been impacted by COVID-19 through:

 

•    Payment deferrals and low interest payment plans
•    Monthly GST credits
•    Variable PAYG instalments
•    Remitting interest and penalties incurred after 23 January 2020

 

The Australian Government has also announced a tax-free payment for businesses with a turnover of less than $50 million.

 

For more information, take a look at Support for sole traders and small business impacted by COVID-19 on ATO Community and Support for Business on Treasury’s website.

 

We have all the information regarding The Australian Government's economic response to COVID-19 (novel coronavirus)

 

You can also visit Services Australia regarding Government payments for those affected.

 

I hope that helps,
AgerieB

1 REPLY 1
Highlighted

Best answer

Community Support

Replies 0

Hi @Shaz5766 

 

We understand it’s a very stressful time.

 

We’re supporting small businesses who have been impacted by COVID-19 through:

 

•    Payment deferrals and low interest payment plans
•    Monthly GST credits
•    Variable PAYG instalments
•    Remitting interest and penalties incurred after 23 January 2020

 

The Australian Government has also announced a tax-free payment for businesses with a turnover of less than $50 million.

 

For more information, take a look at Support for sole traders and small business impacted by COVID-19 on ATO Community and Support for Business on Treasury’s website.

 

We have all the information regarding The Australian Government's economic response to COVID-19 (novel coronavirus)

 

You can also visit Services Australia regarding Government payments for those affected.

 

I hope that helps,
AgerieB