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ATO Publishes Guidance on the Treatment of JobKeeper Voluntary Repayments

|Approved Changes|Australia
Australia

The Australian Taxation Office (ATO) has issued guidance regarding the voluntary repayment of payments received under the JobKeeper payment scheme, which was introduced in 2020 to support businesses significantly affected by the COVID-19 pandemic.

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JobKeeper voluntary repayments

Eligible businesses that received JobKeeper payments do not need to repay those amounts. However, some busines…

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