The Federal Government has announced a new $1500 per fortnight payment for employees of businesses who are suffering a downturn.
Any small business whose turnover has fallen by 30% or more will be eligible.
Eligible employees include
- Full time workers
- Part time workers
- Casuals employed for over 12 months
- Sole traders
- Not for Profit
The payments will be made by the ATO to employers to pass onto their employees
Any employee who was on the books as at the 1 March 2020.
Payments will flow from 1 May 2020 and be backdated to 30th March 2020.
Employees who have previously been stood down will still be eligible.
To register your interest go to https://www.ato.gov.au/job-keeper-payment/
Employers must be using single tough payroll (STP) system to be eligible. If you are not yet using STP get in touch with us to get registered today.
Job Keeper Information for Employers
Job Keeper Information for Employees