OrbitaxATO Publishes Guidance on the Treatment of JobKeeper Voluntary Repayments
|Approved Changes|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.
---
JobKeeper voluntary repayments
Eligible businesses that received JobKeeper payments do not need to repay those amounts. However, some businesses may choose to voluntarily repay an amount. This amount can be equivalent to some or all the JobK…