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More than 9,000 small businesses object to ATO decisions on JobKeeper, business cashflow boost
More than 9,000 small businesses have objected to the Australian Taxation Office’s (ATOs) decisions to deny them coronavirus stimulus payments including JobKeeper and the small business cash flow boost, the tax ombudsman says.
Key points:
- The tax ombudsman says the ATO has made errors in determining whether small businesses are eligible for JobKeeper and the business cashflow boost
- The ombudsman is also worried the ATO’s public guidance is not clear and businesses may miss out on payments because they do not understand they are eligible
- The ATO says the errors are a very small portion of millions of stimulus payments successfully delivered
The Inspector-General of Taxation and Taxation Ombudsman (IGTO) Karen Payne’s review found that the…
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