The Breakfast Combo

When will I get my tax refund?

The ATO aims to process electronically-lodged tax returns within 12 business days of receiving them. It may take longer if they need to run extra checks or there are any errors in your return. You cannot speed up this process, even if you phone the ATO. To check the progress of your return, you can:[…]

Posted in Tax
The Breakfast Combo

JobKeeper extension

The ATO confirmed yesterday that the JobKeeper Payment has been extended until 28 March 2021, with upcoming changes to payment rates based on total hours worked during a reference period. It will be available for eligible businesses with some key changes: You must demonstrate a decline in actual GST turnover relative to a comparable period.[…]