Keeping JobKeeper fair – extension focus areas

Audit

The Australian Taxation Office (ATO) has released the areas they will be focusing on to ensure that JobKeeper applications are correct.

JobKeeper eligibility and payment conditions have now changed. The ATO is continuing to maintain the integrity of the JobKeeper scheme through their compliance activities.

Areas that will be monitored include businesses that:

  • did not meet the decline in turnover test
  • do not meet the wage condition for their employees
  • claim JobKeeper for individuals who are not eligible employees or from whom they do not have a nomination notice
  • claim JobKeeper for more than one business participant, for example by disguising them as employees
  • claim JobKeeper for individuals who are not eligible business participants.

The ATO  will also be monitoring the new requirements introduced under the JobKeeper extension. In particular, reviewing businesses that:

  • appear to have contrived eligibility for the JobKeeper extension by manipulating their GST turnover to meet the actual decline in turnover tests
  • have claimed the incorrect, higher tier rate for their employees, eligible business participants or religious practitioners when they should have been on the lower tier.

If you need some help interpreting the new eligibility conditions, call Seeton Consulting for a free initial consult.

 

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