Treasury amends JobKeeper eligibility to include more businesses
Treasury has slightly amended its JobKeeper eligibility requirements, giving the Commissioner of Taxation the power to determine eligibility where the reduction in turnover test doesn’t apply.
In announcing the $130 billion JobKeeper program on Monday, the Treasurer set out clear eligibility requirements including a 30 per cent fall in revenue for businesses with turnover below $1 billion, and 50 per cent for those with turnover greater than $1 billion.
Read more at My Business.
