By Matthew Moloney
Only $9,609,810 remains of the $100,000,000 allocated for loan funding, check if you're eligible.
The NSW Government is offering a $50,000 interest-free loan to transport stock, fodder and water, genetic banking of breeding herds and installing on-farm fodder and water infrastructure. The loan term is seven years and there are no repayments required in the first two years.
Eligible activities include:
To be eligible, the criteria are as per the Transport Subsidy above and the following:
Please note that applicants who received a loan in the 2018/2019 financial year are eligible to apply for another loan in the 2020 financial year.
Click here for more information and to apply.
To read more on drought assistance measurements, see link to Fact sheets page on our website and download NSW Drought Assistance article.
Director
Avoid These Common Accounting Mistakes in Your Business
Starting a business can be challenging, especially when it comes to managing your finances and staying on top of your numbers. So, what are the most common accounting mistakes made by business owners? And what can you do to avoid these pitfalls and keep your finances healthy and in good order? Read More…
Using company money and assets for personal use or benefit?
The ATO regularly publishes focus areas for small businesses. One of the top areas where the ATO regularly sees errors is where a private company shareholder or associate uses business money and assets for personal use or benefit, which can lead to Division 7A issues. Read More…
How to find Government Grants and Support
Government grants and incentives are a great way to boost your capital. We’ve highlighted some current areas of financial support that your business may be eligible for. Read More…