Australian government offers tax relief and credit support for businesses hit by Iran war


Australia’s Treasurer Jim Chalmers said the tax office will offer temporary relief to businesses impacted by the Iran war, including payment deferrals and support measures.

Small businesses will gain easier access to credit, with options such as loan restructuring and emergency increases to credit limits to help manage cash flow pressures.

This article was written by Eamonn Sheridan at investinglive.com.

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