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.
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.
Read more at the Accountants Daily.