08 Dec 10 Interest free payment arrangements and activity statement payment deferrals for small businesses
The ATO has advised that it has extended until 30 June 2011 the measures to help small businesses that are struggling to manage their tax payment obligations in the current economic climate.
The measures are:
- 12 month general interest charge (GIC) free payment arrangements
- deferred activity statement payment due dates.
They remain available to businesses with a turnover under $2 million.
For more information, go here