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Published: 15/06/2020

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. See our website for examples.

If you haven’t made payments to employees subject to withholding, report ‘0’ for PAYG withholding when lodging your activity statement to ensure you receive the additional cash flow boost. It’s important you don’t cancel your PAYG withholding registration until you’ve received the additional cash flow boosts.

Remember, registered tax agents and BAS agents can help you with your tax.