1. ATO Gives Reprieve to Bushfire-Affected Businesses

    ATO Gives Reprieve to Bushfire-Affected Businesses

    We sought out news about business in bushfire-affected areas and found this interesting piece from Smart Company. It's titled Tax reprieve for SMEs as ATO offers bushfire support.

    It shares about the tax reprieves that the ATO is giving to bushfire-affected businesses. Here's a short excerpt:

    As unprecedented bushfires continue to ravage large swathes of Australia’s east, where an estimated 8.4 million hectares have so far burned, Treasurer Josh Frydenberg yesterday announced the Australian Tax Office (ATO) will place an eight-week stay on tax obligations for more than 100 postcodes in Queensland, New South Wales, Victoria ...

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