A MESSAGE FROM OUR DIRECTORS
We have the privilege of working with so many wonderful clients across various industries and we understand the importance of strong working partnerships, especially in this challenging time. In the midst of the current uncertainty we wanted you to know that we’re continuing with business as usual, while taking actions and precautions to ensure the safety of our communities, team and clients.
Our team are still fully operational, engaged and ready to provide solutions, support and direction for you, your family and your business.
Understanding your options
With many people and businesses impacted by recent events, understanding the options and the available support can be complex. If you need help reviewing and forecasting cash flow, assessing your financial position and exposure or initiating and accessing state and federal government support, we’re here to help.
We can assist in preparing, revising or reviewing your budgets, positively leveraging your financier and supplier relationships and understanding the cash flow impact of difficult management decisions.
The ATO is actively working with us on payment deferral options for businesses of all sizes with minimal red-tape and have been extremely supportive in our dealings with them to date.
Government guaranteed business loans will also start being available from 30 March with new unsecured loans of up to $250,000 available through most financial institutions to businesses with a turnover of less than $50 million. We have developed a standard COVID-19 finance application submission package to provide banks with the information required to satisfy their lending assessment criteria.
We’re here to help
It’s not about accounting and tax at this critical time, but rather helping you to advocate for and protect your business, your staff and your family.
If you’re unsure about anything as the next few weeks and months unfold, we’re just a phone call, email or video call away and available to assist and make the best recommendation on the next steps.
We wish our clients, contacts and the community the very best through this uncertain time.
Herc, Damien and all of us at Koustas & Co
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