JobKeeper 2.0: what’s different, what’s not; the Economic Statement and Update: the figures and policy decisions made since the December 2019 MYEFO

On Friday 24.7.20, The Tax Institute published their Senior Advocate’s Report in their weekly TaxVine newsletter (No.28) entitled JobKeeper 2.0 and the ‘eye-watering’ Economic Statement. It canvasses the announced extension and redesign of JobKeeper (what’s different and what’s not); the Governments ‘Economic Statement’ and its implications and then lists policy decisions the Government has made after the MYEFO.

See below for details.

[Tax Month – July 2020]