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Workforce education news - Issue 7/2011

 
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Warning: This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

Assistance for viable small businesses experiencing short-term financial difficulties

Small business operators with an annual turnover of less than $2 million can apply for an interest-free payment arrangement of up to 12 months for their activity statement debts.

These arrangements are aimed at helping small business operators who have a good history of meeting their tax lodgment and payment obligations, but are experiencing short-term financial difficulties.

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For more information, and details of who may be eligible for a general interest charge-free payment arrangement, visit www.ato.gov.au/helpingsmallbusiness

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Last Modified: Tuesday, 1 November 2011

 
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