In response to the decision by some prominent Australian businesses to return their JobKeeper payments, the ATO says that a voluntary repayment will be deductible “in limited circumstances”.
Read moreJobSeeker Supplement extended to March 2021 at reduced rate
The Prime Minister has announced that the temporary Coronavirus Supplement will be extended until 31 March 2021, but the payment rate will be reduced from $250 to $150 per fortnight from 1 January 2021.
Read moreJobKeeper amendments to turnover test and employment start date
The Prime Minister announced further changes to JobKeeper on 7 August 2020.
Read moreJobKeeper extended with cuts and tests ahead
The Government has announced that JobKeeper payments will continue for 6 months beyond its legislated finish date of 27 September 2020, subject to revamped eligibility rules.
Read moreTax Q&A Forum: Your questions answered by the country’s leading tax experts
Get your questions answered by the country’s leading tax experts.
Read moreJobKeeper changes ahead: Bookkeepers in the eye of the COVID-19 storm
“We’re breathing at the moment,” said Matthew Addison, Executive Chairman of the Institute of Certified Bookkeepers (ICB) of the lull before the next tax policy storm.
Read more