As we head into the home stretch of the financial year, now is the perfect time to get ahead of the EOFY rush.
The coming weeks are crucial for setting your business up for success.
At PMG Finance, we’re here to make this period run smoothly. From asset finance to securing pre-approvals before EOFY deadlines hit, our team is ready to help you finish strong and head into the new financial year with confidence.
We’ve also included a few helpful insights and updates in this edition to keep you informed and inspired.
Let’s make these last few weeks count - Enjoy the read and take care!
How to Protect Your Business from ATO Tax Debt Crackdowns in 2025
The ATO is intensifying efforts to recover over $35 billion in unpaid small business taxes, leading to a 39% surge in insolvency cases in FY24.
Ignoring tax debts—including GST, PAYG, and super—can result in penalties, legal action, and damage to your credit score, making it harder to access finance and grow.
Insurance Embargoes Are Happening Right Now – Here’s How They’re Impacting Equipment Finance
Right now, insurance embargoes are being placed across parts of Australia, affecting businesses trying to finance new equipment. If you’re looking to secure finance for trucks, excavators, cranes, or any other essential machinery, you might be in for a shock—your loan settlement could be delayed simply because insurers won’t issue new policies due to current embargoes.
ATO Releases Updated Small Business Benchmarks: How Does Your Business Stack Up?
The Australian Taxation Office (ATO) has just rolled out its latest set of Small Business Benchmarks, offering valuable insights into performance standards across more than 100 industries. Whether you run a local café, manage a team of electricians, or own a hair salon, these benchmarks can provide a quick, informative snapshot of how your business compares to others in your field.
Now’s the time to take advantage of potential tax benefits, review your finance arrangements, and get everything in order before June 30. If you’re considering a purchase, refinance, or simply want to chat about your options, get in touch with us early to avoid the last-minute rush.
What We Can Finance
Motor vehicles including cars, Utes, and Motorbikes
Mining Equipment
Trucks and Trailers
Earthmoving Equipment and Construction
Plant and Machinery
Agricultural machinery including Tractors, Harvesters and Implements
Manufacturing and Processing Plant
Aircraft
Insurance Premium Funding
Debtor Funding
Workshop Fit Outs
Medical Equipment
Imported Machinery
Solar, plus many other Equipment Types
Basically, if you need it for use in your business, I can finance it.
Don't forget, we can finance:
👍 New or Used
👍 Dealer or Private Sale
👍 Low Doc Loans Available
We want to assure you that our team are here to help. We look forward to being of assistance for your business needs.
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