Employers will be eligible for the JobKeeper payment if all of the following apply:
A non-employee individual is an “eligible business participant” of your entity for the fortnight if they meet all of the following:
Employees are eligible for JobKeeper Payments if they:
You cannot claim for any employees who:
Casual employees are not eligible unless they were employed by you on a regular and systematic basis from 1st March 2019.
Sole traders and some other entities (such as partnerships, trusts or companies with owner payments that are outside wages) may be entitled to the JobKeeper Payment. Your entity may be eligible for the JobKeeper Payment if you:
There is a $1,500 JobKeeper payment per fortnight for one eligible business participant. If your entity also has employees, these employees fall under the normal rules.
A sole trader, who is both the business entity and an eligible business participant, will receive the JobKeeper payment directly into the bank account.
Bookkept can enrol you for the JobKeeper payment. These are the steps we will undertake:
You must pay the minimum $1,500 before tax to each eligible employee per fortnight to claim the JobKeeper payment for that fortnight.
If your eligible employees earn less than $1,500 per fortnight before tax, you must pay them at least $1,500 for each fortnight to claim the JobKeeper payment. This is a ‘top up’ of their salary or wages and will ensure they remain eligible. This will be a cash flow problem for many businesses, and we urge you to contact us to create a budget & plan for this.
For the first two fortnights (30 March – 12 April, 13 April – 26 April), the ATO will accept the minimum $1,500 payment has been paid by you even if it has been paid late, provided it is paid by you by the end of April.
If your eligible employees earn more than $1,500 per fortnight, you should continue to pay them their regular salary or wages. However, you will only receive $1,500 for each eligible employee. Any amount you pay above $1,500 per fortnight is not subsidised by the JobKeeper payment.
If an employee has been stood down after 1 March 2020, you can start paying them $1,500 per fortnight to qualify for the JobKeeper payment for that employee.