Senior Seagull wrote:
Tiger Tales wrote:
Grump wrote:
Tiger of old wrote: Surely jobkeeper was only open to people with tax file numbers and tax file and employment history? Would be pretty hard and risky to invent new fake employees
ToO the common rort is to put every émployee'on the books even the casuals (increase their on book hours) in the WAFL scenario I would but every player plus colts on the list (most of them have a tax number). It ain't hard to find a way to do it, the trick will be not to get caught.
I am not suggesting the clubs have been anything but honest but ........ time will tell!
Really good result for the club.
Retained similar levels of sponsorship income despite the reduced season.
Paid off a significant loan for the facility 3 years into a five year term which helped this years result and also moving forward.
As with other clubs profits this year, a significant portion of wages were offset by JobKeeper payments with the club receiving $210k.
Grump every employee on the books prior to the cut off date, whether they be FT or PT were entitled to claim JobKeeper (as long as it was only from one employer) and casuals who had been employed for 12+ months also qualified.
The other big windfall for ACN businesses via the governments covid support is the PAYG being retained by the business
Also the cash flow bonuses would be applicable, the amount received is tied to the entities turnover.
No it's not. The cash flow "payment" is the exact amount of payg for the month.
How the WAFL clubs will be caught out is they did not pay all players, generally it's all in unless you have another job the employer was claiming jobkeeper.