With so many businesses claiming JobKeeper, the ATO is busy conducting JobKeeper compliance activities to confirm the businesses that claimed JobKeeper were in fact eligible to receive the claimed JobKeeper subsidy.
There are a number of common red flags the ATO will look out for that may prompt further scrutiny from them. These include:
Other specific red flags that are likely to attract the ATO’s attention include situations where:
If you believe any of these situations apply to your business, please speak to your adviser about the possibility of taking out audit insurance in case of ATO compliance activities. For any other JobKeeper issues or questions, please contact the Crowe Tax Advisory team.