The deadline for Modern Slavery Statements for reporting entities operating on the Australian Financial Year is fast approaching.
All Australian businesses, or entities carrying out business in Australia, with an annual consolidated revenue of $100 million are required by the Modern Slavery Act (2018) (the Act) to submit a Modern Slavery Statement. For entities operating on the Australian Financial Year, these statements are due by 31 March 2021.
If you have just realised that your business needs to report, if you have been too busy to start working on the report until now, or if you are overwhelmed and don't know what to do next, time is of the essence.
However, don't panic! The team at Terri Bell & Co can help you by:
Providing you with a clear plan of attack and guidance materials to get you started ASAP
Assisting you with the process until the statement is lodged
Ascertaining what actions your business has taken in the reporting period to address modern slavery
Recommending policies and procedures to implement or amend now, which can be reported on in the future
Reviewing your statement before it is submitted to ensure it is compliant with the Act
If you need help, guidance or even just some assistance to get your statement done before 31 March 2021, we're here to help. We're already helping other businesses by providing a clear path forward.
Book your 30 Minute Complimentary Discovery Call - Making the Deadline with our team here and discover what you need to do, and how we can help you submit a compliant Modern Slavery Statement by 31 March 2021.
IMPORTANT NOTICE - The information contained in this article is not intended to be comprehensive. It is general in nature and is not intended to be used as a substitute for legal, financial or other professional advice. You must seek specific professional advice tailored to your personal circumstances before taking any action based on this article.
Liability limited by a scheme approved under Professional Standards Legislation.