Get your business registered if you have experienced a 30% reduction in revenue
Stage 3 JobKeeper incentive announced.
$1,500/fortnight to employers to be passed onto employees to keep connected to an employer.
Available to full and part-time workers, sole traders, and casuals employed for 12 months or more.
Apply via ATO for workers that were on books as at 1 March.
From 1 May backdated from Monday 30 March 2020
If an employee had been terminated since 1 March, then they will still be eligible. Review Entitlements.
Business turnover needs to have reduced by 30% (March this year compared to March last year 2019) or more to be eligible for the scheme.
Linked to Single Touch Payroll (STP) lodgements for employers/employees
Click Link to Register for Companies/Sole Traders affected on the ATO Website Here: https://bit.ly/2JtjdHq
Treasury Website Job Keeper Fact Sheet: https://bit.ly/2ydD0s3
The legislation still needs to be passed.