The End of the ATO Cash Flow Boost Measures
 
The final instalment of the PAYGW cash flow boost will be credited to eligible business owners’ accounts when they lodge their September BAS.

We suggest you notify your clients when you complete the September BAS that the credits have finished and let them know you are available to discuss cash flow planning in advance of the December BAS due date.

There are many measures still in place to assist business owners who may be struggling once the COVID-19 support measures cease. Business owners can vary PAYG instalments, defer payment of activity statements and tax returns, enter into payment plans and change GST reporting cycle.

Remember to let them know that the one thing that cannot be postponed without penalty is the lodging and paying of superannuation guarantee for employees.