Home – New Forums Money matters Government Stimulus Package for Small Business Reply To: Government Stimulus Package for Small Business

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JamesMillar, post: 269337, member: 5318 wrote:
All rubbish. There is nothing in any measure that states that a drawings to wages switch is outright acceptable and certainly, when it comes to the cash flow boost payment the ATO has specifically warned against this (they have an integrity measure to guard against abuse). Jobkeeper legislation will likely have the same provision.

Thanks for your reply, James. I guess there was a lot of speculation (read: rubbish)…

Is it true that the final legislation contains a provision allowing one company director to claim the JobKeeper payment? (Even if not receiving a PAYG wage).