Client Portal

COVID-19 Economic response for NFPs

The ATO is working to help NFPs impacted by COVID-19.

If you are experiencing difficulties meeting your tax and super obligations, the ATO can defer some payments by up to six months. These may include income tax, activity statement, pay as you go (PAYG) instalments, FBT and excise payments.

The ATO does not apply these payment deferrals automatically. If you need assistance, contact the Emergency Support Infoline 1800 806 218.

Legislation has been enacted to provide temporary cash flow support to eligible NFPs during the economic downturn associated with COVID-19.

This will be done through two sets of cash flow boosts delivered from 28 April 2020.

Eligible NFPs will receive tax-free cash flow boosts of between $20,000 and $100,000 delivered through credits in the activity statement system when they lodge their activity statements.

To view the ATO article in full, click here

To view the COVID-19 NFPAS Resources, click here 

Let us keep you up-to-date

Subscribe to the NFPAS email newsletter to receive not for profit industry news and special updates.