Did your business receive the initial cash flow boost from the ATO?
If you did, you can expect to receive the next round of cash boost when you lodge your activity statements from June to September.
The amount you receive will be equal to the total amount of the initial cash flow you received, and will be split evenly over your lodgements, whether you do this quarterly or monthly.
- If you are a monthly lodger, you will receive 25% of your total initial cash flow boost for each activity statement.
- If you lodge each quarter, you will receive 50% of your total initial cash flow boost for each activity statement.
You can read more about the cash flow boost on the ATO website or contact us to find out more.
Pender Accounting Group offers tailored advisory services to our medium to large corporate clients. Partnering with you throughout the process, we offer specialised services to give peace of mind, putting individual and corporate wealth creation front of mind. Get in touch to arrange an advisory consultation.