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Revised Commonwealth Government Support

Wow- what a weekend it has been!!

Revised cashflow suport for business & Not for Profit in summary:

Paying PAYG quarterly- the whole PAYG amount will be provided in a grant for the March & June payments.

Additionally if you add those 2 payments together & divide by 4 you will recieve that amount each month from July to October- subject to you continuing to employ staff.

Paying PAYG Monthly- you will receive your March PAYG witholding x 3 & then 100% of your April, May & June withholding

Additionally if you add those payments together & divide by 4 you will recieve that amount each month from July to October- subject to you continuing to employ staff.

Maximum amount available Jan- June is $50,000 & July to Sept $50,000

Minimum amount payable is $10,000 Jan- June & again in July- October.

Business fact sheet