JobKeeper: compliance and repayment
With the JobKeeper program officially coming to a close, the payment that has supported more than 3m workers as its height and around 1m in the most recent quarter has been consigned to history. Although it is gone, it should not be forgotten by businesses that claimed the payments as the ATO has signalled that it will continue to maintain the integrity of the scheme through compliance activities. It has also outlined tax consequences for those businesses that wish to make voluntary repayments of the JobKeeper they have received during the life of the scheme.
