JobKeeper/Cash Flow Boost eligibility

Recent test cases and public reports have come to light regarding the eligibility of JobKeeper (and/or) Cash Flow Boost for new businesses.

Following from this information, the ATO has acknowledged that new businesses who opened up a bank account prior to the start of the stimulus packages may be entitled to payments.

We would like to take this opportunity to review your specific situation in order to determine whether we should lodge an out of time objection request with the ATO.

For further assistance with the above announcements and opportunities, please contact your RCB Advisors team member as soon as possible.

Source: CCH