Interest free payment arrangements and activity statement payment deferrals for small businesses

Home > Money With Melanie > Tax Matters

18 / Aug / 2009

The Tax Office has introduced new measures to help small businesses with an annual turnover of less than $2 million that are struggling to manage their tax payment obligations in the current economic climate. These are:
–  12 month general interest charge (GIC) free payment arrangements, and
–  deferred activity statement payment due dates.
For more information, including the eligibility criteria, refer to:  New measures to assist small businesses