The ATO has just announced that it has extended the time in which employers need to pay employees for JobKeeper fortnights 1 and 2 until 8 May 2020. Please read this important PDF in relation to top up wage payments for the Jobkeeper Scheme. The Australian Taxation Office (‘ATO’) has announced a temporary simplified short […]
On Friday afternoon the Treasurer Josh Frydenberg released a Jobkeeper update. We have attached a link below where you can read this update in full. The main focus of this update relates to clarification of the “one in, all in’ principle and also changes for Full time students aged 16 and 17 years old. If […]
In response to the coronavirus (‘COVID-19’) pandemic currently impacting the economy and businesses generally, each Australian State and Territory Government has announced relief and other support packages as part of the broader economic stimulus measures….(see attached PDF for more info) CONTINUE READING
The JobKeeper Payment is a wage subsidy that will be paid through the tax system (i.e., it will be administered by the ATO) to eligible businesses impacted by the Coronavirus. Under the scheme, eligible businesses will receive a payment of $1,500 per fortnight per eligible employee and/or for one eligible business participant (i.e., an eligible […]
