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Tired of confusing ATO kinds? This one’s instrumental for a $60 billion mistake

Byindianadmin

May 22, 2020 #billion, #error
Tired of confusing ATO kinds? This one’s instrumental for a $60 billion mistake

It’s a $60 billion mistake.

After touting the impact of the $130 billion JobKeeper package– supposedly keeping about 6.5 million Australians linked to their companies while offering them with liveable pay– the Federal Government has actually acknowledged its figures were massively overemphasized.

The plan is instead forecasted to cost only $70 billion, and the Government has actually validated just 3.5 million Australians are really getting the payment.

It’s a substantial difference from what was predicted, but it boils down to about 1,000 services screwing up their documents while applying for the plan.

Here’s what happened.

One employee or 1,500?

Just like any application for government aid, looking for the JobKeeper

Find Out More

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