IMPORTANT ANNOUNCEMENT ABOUT A PAYMENT TO BUSINESSES
The announcement made by the government on 30th March 2020, introduces a subsidy program to support employees and businesses.
It is available to businesses suffering a reduction in turnover of 30% or more compared with the same period last year.
It is referred to as The JobKeeper Payment and amounts to $1500 per fortnight, per eligible employee.
The first step is for the employer to register an intention to apply on the ATO website.
The link to register is as follows –
I refer you to the following links for more detail.
JobKeeper Payment for employers and employees.
Supporting businesses to retain jobs.