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Overwhelmed by your Finances? Need to Manage Cash Flow?

Practical tips for managing your finances during COVID-19 

With the rapidly changing economic environment, there has never been a better time to take charge of your finances. As a small business, we understand that these uncertain times can be daunting. However, we also know that companies and individuals that proactively manage their finances during a crisis, consistently achieve better financial outcomes in the future.

Below we outline, how as your accountant, we can help you gain control of your finances and manage your cash flow. You will also find a practical list of online resources that can support you towards achieving your goals. 

How we are here for you

We work with you to provide a personalised, detailed understanding of your current financial position, to assist in effective cash flow management and budget planning during these unprecedented times.

Our tailored 6 to 12-month cashflow positioning plans address your current and future business prospects in accordance with Government Assistance packages to determine the best course of action for both your business and personal finances.

If you need personalised help to get your business cash flow in order, contact our team today on (03) 9826 6000 or via our website – https://ingramsaccounting.com.au/

Understanding the Resources Available to You

With the accounting industry evolving and adapting by the day, it is often hard to distinguish which information is on the pulse and relevant to your circumstances.

That’s why we’ve curated an Accounting Resource list to keep you informed and on top of your finances throughout COVID-19. 

Please note, if you are seeking to obtain the JobKeeper payment for employees, you must have the cash flow to pay them, as the ATO is only providing reimbursement of the amounts that you actually pay to staff.

Take the time to check over these resources. If you require any immediate assistance or advice on how these resources can help your financial circumstances, please contact the team on (03) 9826 6000. 

Ingram’s Accounting – Useful COVID19-Accounting Resources

Australian Government Treasury – Economic Response to Coronavirus

Australian Government – Business Support and Relief Packages

Australian Government – Financial Support Services and Initiatives

Australian Taxation Office – Tax Relief for Businesses

Australian Government – Early Access to Superannuation

Australian Taxation Office – General Enquiries and FAQs

Aus Banking – Financial Relief FAQs

Australian Taxation Office – JobKeeper Payment

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