Coronavirus

Rent Or Lease Payment Changes Due To COVID-19

By Warren Kruger / July 9, 2021 / 0 Comments

| | | The ATO has provided updates regarding the tax implications when a landlord gives, or a tenant receives, rent concessions (such as waivers or deferrals of rent) as a result of COVID-19. For example, the ATO provides the following advice for tenants that have received a rent waiver. If the waived rent is […]

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ATO Keeping Jobkeeper Payment Fair

By Warren Kruger / May 18, 2021 / 0 Comments

  | | | The ATO is using its compliance resources to maintain the integrity of the JobKeeper measure. While most businesses and employees have done the right thing, the ATO has identified concerning and fraudulent behaviour as well as claims by a small number of organisations and employees, and will actively pursue these claims. […]

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ATO Loses Case on Jobkeeper And Backdated ABNs

By Warren Kruger / April 27, 2021 / 0 Comments

  | | | On 24 March 2021, the Full Federal Court handed down its decision in a case concerned with the requirement that an entity claiming JobKeeper must have had an ABN on 12 March 2020, or a later time allowed by the ATO. The Registrar of the Australian Business Register had reactivated the […]

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First Criminal Conviction for Jobkeeper Fraud

By Warren Kruger / April 20, 2021 / 0 Comments

  | | | A person claiming to be a sole trader was convicted of three counts of making a false and misleading statement to the Commissioner of Taxation, in order to receive $6,000 in JobKeeper payments to which he was not entitled, as he was not operating a genuine business and he had already […]

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Jobkeeper Comes to an End

By Warren Kruger / April 9, 2021 / 0 Comments

  | | | The ATO has advised that the final JobKeeper payment will be processed in April 2021. Enrolled businesses do not have to do anything when the program closes, although they will need to complete their final March monthly business declaration by 14 April 2021. Also, once a business is no longer claiming […]

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AAT Decision On Jobkeeper And Backdated ABNs

By Warren Kruger / February 23, 2021 / 0 Comments

  | | | On 21 December 2020, the AAT handed down its decision in a case relating to a taxpayer’s eligibility for JobKeeper payments, in circumstances where the Registrar of the Australian Business Register decided to reactivate a previously cancelled ABN after 12 March 2020, with a backdated effective date on or before 12 […]

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