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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