The ATO has updated their website and provided PAYGW Taxpayers with a CashFlow Boost spreadsheet calculator. If you are yet to lodge your June 2020 BAS you may receive both initial and additional cash flow boosts as credits.
The Spreadsheet link follows: CashBoost Estimator.
The ATO intends to use this spreadsheet template when contacting businesses and seeking clarification of eligibility.
Should you require any further information please contact our office and speak to either Noe, Oggy, Hayden, Michelle or Lucinda.
Date of Issue: 28 July 2020 Author: Noé Vicca
Disclaimer: The contents herein are intended for general information only and should not be construed as legal or accounting advice. Vicca Chartered Accountants Brisbane bears no responsibility for any loss that might occur from reliance on information contained in this publication. Please do not reproduce, transmit or distribute the contents herein in any form without prior permission from Vicca Chartered Accountants, Taxation Accountants Brisbane Australia.