COVID-19 Business Relief
COVID-19 Business Relief
COVID-19 Update for Businesses
Government has announced the following additional measures to assist SMME’S
We at accounting and Tax Solutions have been assisting various companies with the applications in respect of the following measures added to benefits for Businesses.
Government has announced the following additional measures to assist SMME’S
We at accounting and Tax Solutions have been assisting various companies with the applications in respect of the following measures added to benefits for Businesses.
1. Additional R2 billion assistance to SMME’S in the form of loans, grants and debt restructuring.
2. Introduction of a 200 billion loan guarantee scheme in partnership with the major banks. This will assist enterprises with operational costs, such as salaries, rent
and the payment of suppliers.
3. R40 billion has been set aside for income support payments for workers whose employers are not able to pay their wages.
We also assist with COVID-19 UIF TERS applications.
2. Introduction of a 200 billion loan guarantee scheme in partnership with the major banks. This will assist enterprises with operational costs, such as salaries, rent
and the payment of suppliers.
3. R40 billion has been set aside for income support payments for workers whose employers are not able to pay their wages.
We also assist with COVID-19 UIF TERS applications.
Accounting and Tax Solutions will be able to assist if your Management Accounts or latest Financials are not up to date.
Contact Accounting & Tax Solutions to assist you through these applications.
www.acctaxsolutions.co.za/contact-us