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Practitioners relying solely on the ATO’s JobKeeper guidance on its website may have been misled to believe their clients are ineligible for the program, says a leading tax expert.
The Tax Institute’s senior tax counsel, Professor Robert Deutsch, believes tax practitioners who are only relying on the cash or accruals method to determine a decline in turnover could be inadvertently locking clients out of the JobKeeper program that they could be legitimately entitled to.
Read more at the Accountants Daily.