On March 12, 2020 the federal government announced a variety of economic measures including the boosting cash flow for employers measure which will provide up to $25,000 back to business, with a minimum payment of $2,000 for eligible businesses. The payment will provide temporary cash flow support to small and medium businesses that employ staff. The payment will be tax free. For full eligibility details CLICK HERE FOR GOVERNMENT INFO
These claims can be made in conjunction with quartley BAS activities.
Employer, finance and business obligations
Last Updated: 15 March 2020
Find out how to meet your employer and business obligations and isolation requirements if you’re affected by the coronavirus. CLICK HERE FOR GOVERNMENT INFO