ICGTAX is pleased to make available our 20 page report containing a detailed analysis of the Decline in Turnover tests for the Australian Government’s JobKeeper Scheme.

    The Government’s intent is for JobKeeper to work

    This $130 billion JobKeeper wage subsidy program is designed to keep more Australians in work and keep more businesses in business –  for a quicker and stronger economic recovery post-pandemic.

    A relevant decline in turnover is critical for an employer to qualify

    Yet the legislated JobKeeper Rules have complexities, uncertainties and imprecision in key definitional aspects of the scheme.

    Calculating a relevant decline in turnover is not intuitive and there are alternative tests to enable employers to qualify.

    Having undertaken our detailed analysis, our message to employers is:

    If you think your do not satisfy the test – Think Again . . . and read this report!

    You can download your complimentary report here: DOWNLOAD REPORT