The Road Ahead
I know it has been a difficult few months, but you made it through. Keep charging on and show 2020 who’s boss.
The next few months looks like this:
June Job Keeper can be applied for from the 1st of July once files are ready to do the application.
End of Payroll year STP to be done by the 31st of July 2020.
April-June BAS to be lodged seeing a Cash flow boost credit of $5,000 for those on quarterly BAS with PAYG. Monthly PAYG reporters see 25% of your total initial cash flow boost and will do until end of September. For quarterly reporters you will see another $5,000 for the September BAS.
TPAR (Subcontractors) reporting due by the 28th of August Workcover reporting due the 25th of September.
$150k Instant write off extended to the 31st of December so still time to chat to your accountant about it.