There was certainly no script for COVID-19. No training, no manuals and no process to follow. History didn’t even have a guide.
From a finance perspective, there has been new stimulus or at least new stimulus updates almost daily. How do you keep up? Especially with legislation written very quickly with many ambiguities.
I don’t think anyone could do this alone, especially when trying to continue to run a business in a whole new COVID-19 world.
The only way to keep up is utilising all the resources at your disposal. For you, that’s us, your network.
For our finance team that’s using our extended team to dissect government stimulus. Wrangling all of our resources to analyse the stimulus, attend the webinars from various educated parties including EY and PWC, reviewing the ATO website, then reviewing it again. Ultimately forming a cohesive view and opinion on the best way for our network, you, to attack this.
We are all lucky to be part of a network that has the scale and the resources to jump on this and jump on it quickly and turn volumes of complex data in useful information. This analysis allows us to ensure our network have taken advantage of everything that is available in these challenging times. The network can be comfortable that we have made sure that we have investigated all the nooks and crannies of legislation to ensure our network receives the maximum amount of stimulus. Especially in situations where at first glance it looked impossible.
We are still working our way through cases that are so far from 'vanilla' they are 'strawberry', but we will work our way through and get them across the line.
If you are in any way wondering about whether you have obtained all the stimulus you can, reach out and use us, your network, as we’ve already done the work.
If you want to go far, go together.
