3 October 2021
As we all wonder at the level of corporate rather than individual fraud, a Federal review of JobKeeper found that 31% of recipients who triggered compliance checks were ‘not eligible at all’. This was after a survey of 13% of the recipient companies.
The ATO seems reluctant to say who they were or how much. 31% of the recipients may not mean 31% of the $89 billion given out.
Only $194 million has been repaid (which is around 0.2%) of the total payout.
The Government response contrasts starkly when compared to the amount of attention that went to Robodebt, where welfare recipients received relatively small amounts of money. The ATO is very concerned about the confidentiality of Tax records, but this is not tax records, it is money given out.