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Partnership

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Newbie

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Replies 1

I am in a partnership in a small coaching business with a partner. We have NO staff so we are the only 2 employees which is a more accurate description. I understand that at this stage we cannot both be eligible.
Can we seek an exemption?
Who can we take this matter to?
I cannot accept that we are both not eligible in a 50/50 partnership.
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Best answer

Master

Replies 0

As you've said, unfortunately only one eligible business participant can be nominated so you both need to choose which of you to nominate. ATO doesn't make these rules so you'd be best to give your feedback to Department of treasury. 

1 REPLY 1
Highlighted

Best answer

Master

Replies 0

As you've said, unfortunately only one eligible business participant can be nominated so you both need to choose which of you to nominate. ATO doesn't make these rules so you'd be best to give your feedback to Department of treasury.