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Tax watchdog cracks open cash flow boost, JobKeeper anomaly case

New businesses shut out of the cash flow boost and JobKeeper program may see their knocked-back applications reassessed after the Inspector-General of Taxation made inroads with its investigation.

Tax watchdog cracks open cash flow boost, JobKeeper anomaly case
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  • Shared by Accountants Daily
  • November 12, 2020
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These genuine new businesses have found themselves ineligible for the stimulus measures because of a restrictive integrity rule, which requires entities to have notified the ATO of taxable supplies made before 12 March.

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