Small-business owners will need to take stock of deferred rents and bills ahead of the September cliff, warns one financier.
With a number of six-month deferrals including rent, bank loans and payroll tax coming to an end in September, accountants have been urged to help their small-business clients understand what expenses will need to be paid in the last quarter of the year.
With just one week to go before September, Scottish Pacifics general manager for Victoria, Jane Starkins, is concerned many small businesses havent factored in what cash theyll need between now and Christmas.
We are having regular conversations with accountants and brokers who realise their clients need funding in place to pay expenses they have been deferring, …
Read the full article at: https://www.accountantsdaily.com.au/business/14751-account-for-september-deferred-payments-now-businesses-warned
