child care marketing, March figures
2020

Finance – Childcare March Quarter BAS Lodgement

Finance – Childcare March Quarter BAS Lodgement

Currently, we are making sure we are on top of the March figures, so we can process the March BAS as soon as possible. Within this BAS the business will receive a 300% credit of the March PAYG amount. 

Monthly PAYG Withholders will Receive Back

  1. March Activity Statement–300% of the March PAYG withholding
  2. April Activity Statement–100% of the April PAYG withholding
  3. May Activity Statement–100% of the May PAYG withholding
  4. June Activity Statement–75% of the March + 25% of the April + 25% of the May + 125% of the June PAYG withholding
  5. July to September Activity Statements–75% of the March + 25% of the April + 25% of the May + 25% of the June PAYG withholding

All owners that this affects will receive an email directly from the payroll team regarding the details.

Queensland Payroll Tax Deferral

Eligibility will be automatic, Leanne has completed the online form to apply for the payroll tax deferral.

All small and medium business (payroll up to $6.5 million) directly or indirectly affected by COVID-19 will be eligible for:

  1. 2-month refund of payroll tax
  2. 3-month payroll tax holiday (i.e. no payroll tax to be paid)
  3. Deferment of all payroll tax payments for the rest of 2020

 

About John Hutchison information

Success cannot be achieved without sufficient planning, inspiring leadership & strong management. John brings his 28 years experience, childcare management exposure, marketing & strategy skills, & digital knowledge to his Early Learning Management role. John’s expertise spans the broader childcare sector & brings a balanced approach with a robust strategic capability & thought leadership to the team. John has specialised experience in childcare restructures, governance & compliance, mergers & acquisitions, strategic planning, equity raisings & initial public offerings (IPO).

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