LCR 2020/1 has now been published, setting out the Tax Commissioner’s view of the decline in turnover test as part of the JobKeeper rules.
Read more at the Accountants Daily.
ATO ruling on JobKeeper GST turnover test released
The Tax Office has now published a Law Companion Ruling on the JobKeeper basic decline in turnover test, setting out its view on various methods to calculate GST turnover.
