Business
Aussie company to repay ATO $15.6m in JobKeeper – Yahoo Finance Australia
After reporting massive profits last year, this Aussie company has agreed to repay millions it took in JobKeeper payments.
Premier Investments confirms it will reimburse the ATO for JobKeeper payments (Source: Getty)
The owner of iconic Australian retail stores like Portmans, Just Jeans and peteralexander, has agreed to reimburse the Australian Taxation (ATO) Office $15.6 million in JobKeeper payments.
Parent company Premier Investments recognised it had received $15.6 million in JobKeeper payments that it said would be used to fund the wages of employees who may be stood down during the COVID lockdowns.
In a release…
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