Cash Boost for Oxbridge

  • May 20, 2020
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Legislation has passed to provide temporary cash flow support to small and medium businesses and not-for-profit organisations that:

Employ staff
have been affected by the economic downturn associated with COVID-19 (novel coronavirus).
Eligible businesses and not-for-profit (NFP) organisations will receive between $20,000 to $100,000 in cash flow boost amounts by lodging their activity statements up to the month or quarter of September 2020.

https://www.ato.gov.au/Business/Business-activity-statements-(BAS)/In-detail/Boosting-cash-flow-for-employers/

Oxbridge agents are eligible for Cash Boost if you employ yourself as an employee or employ others in your company or sole trader. You will also need to be making PAYG payments.

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