Another day, another report of JobKeeper creating liquidity problems for small businesses, who are unable to pay their staff the allowance while they await reimbursement from the ATO:
While over 900,000 businesses have expressed interest in the JobKeeper scheme since it was announced in late March, just over 400,000 businesses have submitted their applications, covering some 2.4 million employees. The release of this data coincides with reports that small businesses are shunning the scheme over their inability to pay their employees in the lead-up to the initial payment in May.
…the Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, addressed reports that many small businesses are not applying for the JobKeeper payment because they can’t afford to pay staff by 30 April…
