Eligible employers have already received a cash flow boost on their March activity statement account. This is generally $10,000.
If you haven’t lodged your March BAS yet, don’t worry, you’ve still got time. If you’re eligible, the cash flow boost will automatically be credited when the March activity statement is lodged.
The cash flow boost will be credited against anything you owe on that BAS. For example, if you have PAYG withholding and GST payable, the boost will be credited against those amounts and excess credit will be refunded to you.
To find out if you’re eligible, Book a Chat with us or call on 0416 09 33 94. Now is a great time to get your books up-to-date.
