Tax

Tax

ATO ruling to ease turnover projection ‘predicament’

Businesses reluctant to enrol in the JobKeeper scheme due to uncertainty over their projected turnover calculations...

06 May 2020 • By Jotham Lian

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Tax

ATO ruling on JobKeeper GST turnover test released

The Tax Office has now published a Law Companion Ruling on the JobKeeper basic decline in turnover test, setting out...

05 May 2020 • By Jotham Lian

Tax

ATO reveals JobKeeper compliance approach

The ATO has now released examples of JobKeeper schemes where it will devote its compliance resources to uncover...

04 May 2020 • By Jotham Lian

Tax

Modified turnover test, ‘one in, all in’ amendments released

Treasurer Josh Frydenberg has now released details of the modified decline in turnover test for employer entities, and...

03 May 2020 • By Jotham Lian

Tax

No further JobKeeper eligibility changes, says Treasury

The Treasury is adamant there will be no further major changes to the JobKeeper payment eligibility criteria as the...

01 May 2020 • By Jotham Lian

Tax

JobKeeper ‘one in, all in’ rule forcing tough decisions

The “one in, all in” feature of the JobKeeper scheme is resulting in some difficult conversations within businesses,...

01 May 2020 • By Jotham Lian

Tax

ATO’s ‘well-meaning’ JobKeeper GST guidance backfires

The ATO’s guidance over the use of a cash or accruals approach to calculating turnover in relation to the JobKeeper...

30 April 2020 • By Jotham Lian

Tax

Australia needs a competitive tax system post-COVID-19: BCA

Policymakers will need to consider if red tape that was suspended during the COVID-19 crisis is necessary...

29 April 2020 • By Aidan Curtis