The Government has introduced the JobKeeper Payment scheme as a temporary subsidy for businesses significantly affected by coronavirus (COVID-19). Eligible employers, sole traders and other entities can apply to receive $1,500 per eligible employee per fortnight.
General eligibility for small business to receive the JobKeeper payment is as follows:
- You carried on a business in Australia on 1 March 2020
- You employed at least one eligible employee on 1 March 2020
- Your eligible employees are currently employed by your business for the fortnights you claim for (including those who are stood down or re-hired)
- Your business has faced a 30% fall in turnover
Once you have established eligibility, you must enrol for the JobKeeper payment. You must also determine if your employees are eligible to receive the JobKeeper payment.
Sole traders and eligible business participants may also qualify.
Need a hand with everything JobKeeper? Book a Chat with us to see if you are eligible. Don’t delay. Get this done by 31 May 2020.