Note: Audio and video of Deputy Commissioner James O'Halloran discussing JobKeeper is available for download from viostream.
The new JobKeeper Payment has passed through parliament and the Australian Taxation Office is working to assist businesses to access the scheme, helping them to retain their employees.
The program will be administered by the ATO and will involve employers checking that they are eligible and then enrolling with the ATO to be paid the JobKeeper payments. Employers will receive a monthly payment for each eligible employee who was paid by the business during the previous month.
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.
Employers
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.
- Enrol in the JobKeeper Payment program, once the enrolment process is opened on 20 April.
When you submit your enrolment to the ATO, we will provide you with an acknowledgement and acceptance of your enrolment into the JobKeeper program based on the information you have provided.
Employers are encouraged to discuss their businesses' eligibility and participation in JobKeeper with their employees.
Employees
The JobKeeper payments will flow from the ATO to employers, rather than directly to employees.
Employees wanting to know whether their employer will be enrolling in JobKeeper should speak to their employer and fill out the employee nomination form.
