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Temporary delay to SMSF member increase | Money Management

Temporary delay to SMSF member increase | Money Management
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ATO reviews thousands of rejected JobKeeper applications

May 3, 2021 The Australian Taxation Office (ATO) is reviewing thousands of rejected JobKeeper applications made by small businesses, after announcing it will not appeal a full Federal Court decision that ruled in favour of a sole trader. In an impact statement published Friday, the ATO said it “accepts the Court’s views” that the ATO Commissioner should have exercised discretion when refusing a sole trader’s application for JobKeeper on the basis that they did not have an active Australian Business Number (ABN) on March 12. “The Commissioner acknowledges that there are entities who might be impacted by the decision and is committed to addressing any such cases as a matter of priority,” the ATO said.

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