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  • Boosting cash flow for monthly lodgers

    If you received a cash flow boost in your March 2020 and April monthly activity statements, you may receive a further cash flow boost when you lodge your May 2020 monthly activity statement.

    You don't need to apply. If you're eligible, the cash flow boost will be automatically credited when you lodge.

    The cash flow boost is generally equal to the amount withheld from payments you've made to your employees. If you received the minimum cash flow boost credit of $10,000, you won't receive more credits for the April to June periods until your pay as you go (PAYG) withholding exceeds $10,000.

    We'll credit the cash flow boost to amounts you owe in that same activity statement. For example, if you have PAYG withholding and goods and services tax (GST) payable, the boost amount will be credited against those amounts. Any excess will be refunded to you, so ensure your financial details are up to date.

    If you revised your March or April 2020 activity statement after lodgment, it may affect the amount of cash flow boost you were due to receive. Check your statement of account for details on how your account may have been adjusted. If your business is a large withholder for PAYG withholding purposes, you should continue to pay your PAYG withholding to us as normal. You'll receive the cash flow boost when you lodge your other obligations, such as GST.

    If you didn't receive the cash flow boost in your March monthly activity statement, you may be still eligible. Some employers may not be automatically eligible and if this is the case, we will need some additional information. Our website details how to provide us with additional information to determine your eligibility. You can also check out our eligibility companion guide, which gives an overview of how we determine eligibility.

    See also:

    Last modified: 05 Jun 2020QC 62690