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Treasury passes the buck on cash-flow boost anomaly

Treasury passes the buck on cash-flow boost anomaly

The Treasury has shifted blame for the inaction on the cash-flow boost anomaly to the government despite failing to review the issue off the back of the calls from the peak accounting bodies.

by Shared by Accountants Daily | Sep 22, 2020

Government needs to broaden the base and lift the rate of GST, says IPA CEO

Treasury deputy secretary Jenny Wilkinson told a Senate inquiry that the department did not explore the cash-flow boost’s restrictive tax notice requirement during the Treasury’s midway review of the JobKeeper program in July.