The $130 billion JobKeeper Payment Scheme applications officially open on Monday 20th April to assist those businesses that are affected by the Coronavirus. The Scheme is available for employers to pay eligible employees $1,500 (before tax) in an effort to keep employees in contact with their employers. Employers are to pay their eligible staff $1,500 every fortnight which will be paid back to them in arrears.
The JobKeeper Application Process
JobKeeper Eligibility Requirements
The JobKeeper Scheme is available for those who meet the below eligibility requirements:
- Currently engaged by the employer as of March 1, 2020 (including being stood down or re-hired)
- Are a full-time, part-time or casual for more than 12 months as of 1 March 2020.
- Are 16 years or older and an Australian resident
- Were not in receipt of government parental leave, partner pay or workers compensation payments.
For Employees
You will be notified by your employer if they are claiming the JobKeeper payment on your behalf. If you have multiple jobs, you can only claim the JObKeeper payment through a single employer. Advise your chosen employer that you would like them to claim the payment for you.
You will then need to complete the employee nomination form and return to your employer by the end of April. Do note, if you are claiming the JobKeeper through your employer but are currently receiving the JobSeeker payment, you will need to notify Services Australia to cancel the JobSeeker payment. You can only receive one payment at any time.
For more information for employers, read the ATO JobKeeper for Employees Information.
For Employers
As an employer, first of all, check you and your employees are eligible for the Scheme. If so, you are to pay your eligible employees $1,500 per fortnight as per the JobKeeper payment schedule. The first fortnight is the 30th March to the 12th of April. In order to continue to receive the JobKeeper payments, you pay your employees the minimum $1,500 per fortnight. The Government will then pay you in arrears at the end of every month.
Firstly, send the employee nomination form to your employees to complete and send back to you as soon as possible. Secondly, you will then apply for the Scheme through the ATO Business Portal and authenticate with your myGOVID. Nominate the bank account in which to receive the payments and the number of employees you are claiming for. In order to receive the JobKeeper payments for the month of April, employers are to complete the above steps before the end of April.
For more information for employers, read the ATO JobKeeper for Employers Information.
Fusion Solutions JobKeeper Assistance Packages
Fusion Solutions can assist by applying for your business on your behalf. We are offering the below packages for our clients.
- OPTION 1: Enrol for Job Keeper Payment & Assess Eligibility with ATO $198 inc. GST
- OPTION 2: Enrol for Job Keeper Payment & Assess Eligibility + First Month Reporting $264 inc. GST
- OPTION 3: Enrol for Job Keeper Payment & Assess Eligibility + Six Month Reporting $561 inc. GST
Simply contact our team on (07) 5523 3004 or admin@fusionsolutions.com.au as soon as possible to book in your JobKeeper package.
