Boosting cash flow for employers

Eligibility

Businesses (including sole traders, companies, partnerships or trusts) and NFP organisations will be eligible to receive the cash flow boost if:

• you are a small or medium business entity or NFP of equivalent size (that is, an entity with aggregated annual turnover less than $50 million)
• you held an Australian business number (ABN) on 12 March 2020
• you either
  • made payments to employees subject to withholding (even if the amount you were required to withhold was zero), such as
    • salary and wages
    • director fees
    • eligible retirement or termination payments
    • compensation payments
    • voluntary withholding from payments to contractors
  • were required to pay an amount in relation to alienated personal services income you received (even if the amount you were required to pay was zero)
• on or before 12 March 2020, you lodged at least one of
  • a 2019 tax return showing that you had an amount included in your assessable income in relation to you carrying on a business
  • an activity statement or GST return for any tax period that started after 1 July 2018 and ended before 12 March 2020 showing that you made a taxable, GST-free or input-taxed sale.

There are only exceptional circumstances where we may have discretion to give you further time after 12 March 2020.

You won’t be disadvantaged if you have been given a deferral for your earlier activity statement or are not required to lodge your tax return yet. Read more about the impact of lodgment deferrals.

You are not eligible for the cash flow boosts if you change the way you operate for the sole or dominant purpose of becoming entitled to cash flow boosts when you would otherwise not be entitled