Equipping professional accountants for sustainability
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The Inspector-General of Taxation and Taxation Ombudsman will begin investigating the ATO’s JobKeeper termination letters as complaints around COVID-19 stimulus payments continue to flood in.
The Inspector-General of Taxation (IGTO), Karen Payne, will now examine communication sent out by the ATO to as many as 8,000 businesses warning them that they may be ineligible for the JobKeeper payment and that they could be required to repay amount they had already received.
Read more at Accountants Daily.