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Businesses suffering from rising fuel costs may consider the attractive terms of the ATO’s Fuel Response Payment Plan as quick and relatively easy way to improve cashflow, but there can be significant downstream risks to the business and Directors.
Other than temporary fuel tax relief, the Commonwealth Government has announced two relief packages for Australian businesses grappling with the impacts of the Persian Gulf Oil Crisis:
ATO Fuel Response Payment Plan; and
2 Year Interest Loans under the Economic Resilience Program.
WCT Advisory is excited to announce they have appointed highly regarded restructuring and insolvency specialist Cameron Crichton as Partner to the firm.
Mr Crichton joins WCT Advisory following more than 20 years in the profession, including seven years as a partner at a national accounting firm. A Registered Liquidator, he is widely recognised for advising distressed businesses across construction, property and mid-market sectors.
WCT Advisory acknowledges this Country and its Traditional Custodians. We recognise their connection to Country and their role in caring for and maintaining Country over thousands of years. We pay our respects to the Elders, those who have passed into the Dreaming; those here today; those of tomorrow.
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