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Second round of the cash-flow boost to kick off in July

The ATO is due to disburse the much-anticipated additional cash-flow boosts to eligible employees from 1 July, and has issued some guidelines to help businesses understand the process.

Second round of the cash-flow boost to kick off in July
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Second round of the cash-flow boost to kick off in July

Employers that have received the initial cash-flow boost, delivered as credits in the activity statement system, are eligible for the second tranche when they lodge their activity statements for each monthly or quarterly period from June to September 2020.

Read more at MyBusiness

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