The ATO has announced its expectations for businesses post-Covid. It is warning companies against using loopholes to obtain benefits from various government stimulus packages.
The Department of Education, Skills and Employment (DESE) has commenced a new ongoing data-matching program which seeks to confirm the eligibility of employers receiving subsidies, as well as stamping out potential double-dipping of government assistance.
Small business is the backbone of the Australian economy so it comes as no surprise that the Morrison government is continuing to support them through Covid-19.
Many small businesses change their business structure from a sole trader to more complex company or trusts structures, especially when the environment changes. This can lead to unintentional errors which we have detailled
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