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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 its view on various methods to calculate GST turnover.

ATO ruling on JobKeeper GST turnover test released
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ATO ruling on JobKeeper GST turnover test released

LCR 2020/1 has now been published, setting out the Tax Commissioner’s view of the decline in turnover test as part of the JobKeeper rules.

Read more at the Accountants Daily.

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