JobKeeper Payment: Information and content updates
JobKeeper Payment: Enrolment now open
Enrolment is now open for the government's $130 billion JobKeeper Payment scheme. The scheme supports businesses significantly affected by the coronavirus to help keep more Australians in jobs.
The JobKeeper payment is open to eligible employers, sole traders and other entities to enable them to pay their eligible employee's salary or wages of at least $1,500 (before tax) per fortnight. You can enrol for the JobKeeper payment through the ATO's Business Portal, in ATO online services using myGov if you are a sole trader, or through a registered tax or BAS agent.
JobKeeper Payment: Timeline of content updates
To ensure you're always accessing the latest information, The Australian Taxation Office (ATO) have published a JobKeeper payment timeline page displaying content updates and resource materials for businesses.
JobKeeper Payment: Guides
Read the latest high-level summary guides of the JobKeeper Payment scheme for the following business types:
- JobKeeper guide - sole traders
- JobKeeper guide - employers reporting through STP
- JobKeeper guide - employers not reporting through STP
JobKeeper Payment: Employers
If your business is affected by the coronavirus, you may be eligible to access the JobKeeper payment to assist you to be able to continue paying your employees.
Employers can choose to participate in the scheme and then nominate all the employees they are entitled to claim for. An employer can choose not to participate in the JobKeeper payment.
JobKeeper Payment: Employees
The JobKeeper payment supports businesses significantly affected by coronavirus (COVID-19) by helping with the costs of their employees' wages, so more Australians can retain their jobs and continue to earn an income.
Your employer will notify you if they intend to claim the JobKeeper fortnightly payment of $1,500 on your behalf.
You will not be paid the JobKeeper payment by the ATO. The payment comes from your employer who is later reimbursed by the ATO. Tax will be withheld from the payment so you may receive less than $1,500 in your bank account.
JobKeeper Payment: Sole traders and other entities
Sole traders and some other entities (such as partnerships, trusts or companies) may be entitled to the JobKeeper Payment scheme under the business participation entitlement. However, not-for-profit organisations are not included under the business participation entitlement.
BizHub Maroondah is here to help your business
Is your business surviving, but still needs support? Or is it struggling to stay afloat?
We're now offering free one-on-one sessions with a business expert who can provide advice based on your unique situation.
To find out how, let us call you back!