Addressing confusion around JobKeeper and cash-flow boosts
Accountants Daily Podcast Network
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Show Notes
On this episode of Accountants Daily Insider, Tax & Super Australia's senior tax counsel, John Jeffreys, unpacks the most pressing industry concerns around the government's COVID-19 financial assistance packages.
John specifies the final enrolment date for the JobKeeper payment scheme, amendments that need to be made to the enrolment form and issues in relation to satisfying the decline in turnover test.
He also addresses confusion regarding cash-flow boosts for employers, outlines the industry response to the ATO's automatic blanket deferrals and shares his message to accountants on navigating this challenging time.