Business
ATO has not investigated companies paying executive bonuses while receiving JobKeeper – ABC News
The Australian Tax Office says it has not conducted any analysis of companies that have made large profits and paid out executive bonuses while also receiving JobKeeper…
The Australian Tax Office says it has not conducted any analysis of companies that have made large profits and paid out executive bonuses and dividends to shareholders while also receiving JobKeeper payments.
Key points:
- The ATO says it has been focused on keeping companies afloat during the recession
- About 10 companies are currently talking to the ATO about handing back JobKeeper payments
- JobKeeper has cost $83 billion so far
Jeremy Hirschhorn, ATO Second Commissioner, said the ATO’s priority during…
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