The cash boast money is for all ABN holders that employ people. It is not job keeper payment. Nothing related to decline in turnover or anything else. The amount is limited to how much PAYG we paid from last financial year.
You may not know that so many small businesses are struggling out there. Now all the landlords are out seeking rent payment. Even you have zero turnover or closed during this period. You still have to pay minimum 25%. Thats when you have zero income and business still have to pay many outgoings even the lights are out.
We are nothing like big business that can screw the landlords.
Next week and next quarter, more negative news will be hitting the street.
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