Second round of cash flow boost (PAYG Withholding Grants)
If you received initial cash flow boosts, you'll automatically receive additional cash flow boosts when you lodge your activity statements for each monthly or quarterly period from June to September 2020.
The amounts will be equal to the total amount of initial cash flow boosts you received and will be split evenly over your lodgments. If you lodge:
- quarterly, you'll receive 50% of your total initial cash flow boost for each activity statement
- monthly, you'll receive 25% of your total initial cash flow boost for each activity statement.
When you lodge your June 2020 activity statement, you may receive the last part of your initial cash flow boost and the first additional cash flow boost as a credit.
If you have any queries, please contact us on 8538 7266.
Article posted Thursday 18th June, 2020