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The ATO has commenced reviewing all of the assistance claimed by businesses throughout the 2020 period to ensure that reporting was accurate, criteria was met and that guidelines were followed.

Some of the flags they will be looking at are:

  • Employee did not meet the criteria when JobKeeper was claimed.
  • Jobkeeper was not passed on to eligible employees
  • Turnover was less than predicted and you have no support documentation to justify the prediction.
  • Eligibility for cash flow boost may be under question.

What is Liquidation can help you with all ATO related issues.  Call us now for an obligation free discussion.