ATO to review ‘thousands’ of JobKeeper, cash flow boost denials

Thousands of taxpayers could now retrospectively receive JobKeeper and cash flow boost payments following the ATO’s acceptance of the Full Federal Court’s decision.

by Shared by Accountants Daily | 30 Apr, 2021

ATO ruling on JobKeeper GST turnover test released

The ATO has now committed to automatically reviewing decisions where it denied businesses access to JobKeeper and the cash flow boost based on its erroneous interpretation of its discretion to grant further time for a business to hold an ABN or provide notice to the commissioner of assessable income or supplies.