Our ATO Community is here to help make tax and super easier. Ask questions, share your knowledge and discuss your experiences with us and our Community.
3 weeks ago
Our client has commenced business in November 2019 & is currently registered for job-keeper & needs to satisfy the turnover test going forward. Can he use March or June Quarter turnover against September 20 quarter to calcculate decline in turnover.
Most helpful response
Average turnover from December until June will be tested against actual July - Sept
Look at ATO website for details regarding alternative reference periods & how exactly to apply them
Australian Taxation Office
Working for all Australians