JobKeeper Payment
Enrolments for the governments JobKeeper Payment scheme are now open. If you haven’t enrolled or if you are unsure if you are eligible, you need to act now!
What do you need to do?
- Determine if your business is eligible
- Work out if it meets the decline in turnover test
- Determine which of your employees are eligible for JobKeeper
- Provide JobKeeper nomination forms to eligible employees and receive the completed forms back from them
- Register your businesses intent to claim with the ATO
- Pay your employees the correct amounts and in the correct pay periods and ensure each is updated in your single touch payroll system by the 30th April 2020
- Report to the ATO your eligible JobKeeper payments and your businesses current and projected GST turnover
The ATO is still to release information clarifying how the turnover test relates to businesses not registered for GST and how the turnover test relates to businesses operating for less than twelve months.
If you have not already registered or if you are unsure of the rules and how they apply to you, contact CrossCorp today.
