Employers need to take steps now to be eligible for the first round of JobKeeper Payments which will be paid from the first week of May 2020.
In order to receive JobKeeper payments from the first week of May, employers need to:
Have paid their eligible employees a minimum of $1500 per fortnight (before tax) for the period between 30 March and the end of April. The payments for the first two fortnights need to be made by the end of April to receive the JobKeeper payment in the first week of May.
Meet all eligibility requirements, as outlined on the ATO’s website.
Enroll in the JobKeeper Payment program, once the enrollment process is opened on 20 April.
Employers are encouraged to discuss their businesses’ eligibility and participation in JobKeeper with their employees.
The JobKeeper payments will flow from the ATO to employers, rather than directly to employees.
Employees want to know whether their employer will be enrolled in JobKeeper should speak to their employer and fill out the employee nomination form.
Employees can also find out more information about the program.
Deputy Commissioner James O’Halloran said the ATO is working hard to make it as easy as possible for employers to access the Government’s JobKeeper Payment.
“At this stage employers should focus on determining their and their employees’ eligibility and desire to participate, and should discuss ongoing work arrangements with their employees.” Deputy Commissioner O’Halloran said.
For the latest advice, information and resources, go to https://www.ato.gov.au/
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