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SMALL BUSINESSES NEED SUPPORT NOT MORE CONFUSION

July 24, 2020

Concerning reports of another Treasury error have emerged detailing confusing and erroneous information regarding sole traders’ eligibility for JobKeeper.

The Morrison Government should be doing everything it possibly can to support small businesses and ensure as many Australians remain connected to the labour market as possible, rather than confusing small businesses with inconsistent advice on JobKeeper eligibility.

In April we wrote to Assistant Treasurer Michael Sukkar suggesting the government introduce a voucher scheme for accredited accountants and professional service providers to assist small businesses with the JobKeeper payment scheme and cash-flow boost measure.

The scheme would help businesses access professional and accurate information on how to access support, including advice on interactions with the ATO.

We are still yet to hear back from Mr Sukkar.

The need for accountant vouchers to help small businesses access government support and to restructure and turn around their businesses has been supported by a number of organisations, including:
• ASBEFEO
• COSBOA
• CPA
• Institute of Public Accountants
• CAANZ

Businesses are already closing, workers are already being laid off and many vulnerable Australians are at serious risk. Accountant vouchers would help small businesses with serious cash-flow issues access professional advice.

Vulnerable workers, businesses and communities need and deserve a comprehensive plan to get them through the recovery and alleviate some of the understandable anxiety in the community.

WE'LL PUT PEOPLE FIRST