JobKeeper Payment

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 –
<https://www.ato.gov.au/general/gen/JobKeeper-payment/?=redirected_JobKeeper>

I refer you to the following links for more detail.

JobKeeper Payment for employers and employees.

https://www.business.gov.au/risk-management/emergency-management/coronavirus-information-and-support-for-business/jobkeeper-payment

Supporting businesses to retain jobs.

https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet_supporting_businesses_4.pdf

 

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