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UPDATED – The Economic Stimulus Package and Your Business

Posted on 23rd March, 2020 in News

The Government has announced a second major update to the economic stimulus package. Here is an overview of what the enhanced initiatives mean for your business. SME Guarantee Scheme The Government will guarantee 50% of new unsecured loans made to SMEs for the purposes of working capital for businesses with a turn over less than $50 million.   The purpose of this is to make it more likely that banks and lenders will approve these loans.   The loans will have the following terms:   Up to $250,000 Up to 36 months with no payments for 6 months Unsecured –…

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Use It or Lose It – Take Advantage of New Government Initiatives

Posted on 17th March, 2020 in News

Late last week the Government announced an Economic Stimulus Package in response to the effects of the coronavirus outbreak on the Australian economy and small business.Moody Kiddell & Partners has created this fact sheet which contains the information you need to take advantage of this limited time only initiative. $150,000 Instant Asset Write Off Eligible assets will be able to be written off for this financial year meaning that you will pay less in tax.Any new or used vehicles or equipment with a purchase price of up to $150,000 (excluding GST) purchased and installed between 12 March and 30 June 2020 will be eligible.There is no…

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Moody Kiddell & Partners Support for Bushfire Affected Clients

Posted on 8th January, 2020 in News

Moody Kiddell's thoughts are with everyone affected by Australia’s bushfire emergency and we would like to support our clients who have been affected. If you have been impacted by the bushfires and need financial help with your business loan, Moody Kiddell is here to help arrange relief solutions for your consideration during this difficult time. Please contact us on 1300 000 657 to discuss your situation. For any insurance claims, please call our National Claims Manager, Mark Thirgood on 0402 107 690 or email: mthirgood@mkpgroup.com.au

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