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The NSW government will move ahead with its plan to require businesses to reconfirm their eligibility for JobSaver and the Micro-Business Grant as the accounting profession make inroads in reducing the compliance burden for businesses and advisers alike.
The development comes after the NSW government abruptly announced plans last Friday to require businesses to reaffirm their decline in turnover every fortnight to remain eligible for JobSaver payments and the Micro-Business Grant. It then agreed to a two-week grace period after backlash from the accounting profession.
Read more at Accountants Daily.