Quantcast
au iconAU

 

 

ATO reclaims $120m in JobKeeper payments from ineligible businesses

The ATO has clawed back $120 million in JobKeeper payments from employers that were found to have committed “deliberate” or “reckless” errors.

ATO reclaims $120m in JobKeeper payments from ineligible businesses
smsfadviser logo
ATO reclaims $120m in JobKeeper payments from ineligible businesses

Speaking before the Senate estimates hearings on Tuesday, ATO second commissioner Jeremy Hirschhorn disclosed that $120 million out of the total $69 billion JobKeeper payments has been reclaimed from businesses deemed ineligible.

Read more at MyBusiness

Subscribe to Public Accountant

Receive the latest news, opinion and features directly to your inbox