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Tax Office quizzed on cash-flow boost backlog

The ATO has denied any systemic issues around the processing of the cash-flow boost measure, noting that it only continues to interrogate claims in a “very small number of cases”.

Tax Office quizzed on cash-flow boost backlog
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Tax Office quizzed on cash-flow boost backlog

It is now understood that a recalibration of the ATO’s dataset over the past weekend should ensure the cash-flow boost payments are processed more smoothly, after a number of practitioners reported repeated instances of entities not receiving the credits despite seemingly meeting the eligibility requirements.

Read more at Accountants Daily

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