Narlexi Pty Ltd v FCT  AATA 993
The AAT has affirmed a decision of the Commissioner that a taxpayer was not entitled to the first cash flow boost as it had not a made a taxable supply within the relevant period.
The facts are as follows:
- the taxpayer incorporated on 31 December 2019;
- the taxpayer accounted for GST on a quarterly basis; and
- the taxpayer did not make any taxable supplies until January 2021 and brought its GST to account on its activity statement for the quarter ended 31 March 2020.
The AAT affirmed a decision of the Commissioner that the taxpayer was not entitled to the cash flow boost as it had not made a taxable supply in the period starting after 1 July 2018 and ending before 12 March 2020 as required by section 5(6)(a) of the Boosting Cash Flow for Employers (Coronavirus Economic Response Package) Act 2020.