With the end of JobKeeper there is certainly a lot of issues confronting business operators. Some of the issues that we believe small and medium-sized enterprises could look at over the next 3 months include:
* Research and Development Registration for 2019/20 has to be lodged with AusIndustry by 30 April 2021.
* The 50% Australian Government Guaranteed Loans for working capital that are available for businesses with turnovers under $50M have to be lodged with a bank by 30 June 2021.
Your loan application will be enhanced if you have a Business Plan, Budget and Cashflow Forecasts which outline the vision you have for your business.
* Now is the time to be thinking about your vision for the 2021/22 financial year and recording your strategies into a customised Business Plan.
If you are interested in having a conversation about any of these items with an experienced Accountant/Chief financial Officer who does not prepare tax returns please visit - https://www.towersbusiness.com.au/