The JobKeeper rules have evolved over recent weeks and
the process has been confusing for many people. Here are 3
things that you need to ensure have been attended to today
in order to participate in the May payment and maximise the
payments for the first 2 fortnights:
- JobKeeper payments have commenced being paid and
many businesses have now received their first JobKeeper
subsidy. However the
ATO has indicated that to receive the payment for the
first two jobkeeper payments by the first week of May
you must complete Steps 2 and 3 by 7 May 2020.
If you miss this cut-off, you have up till 31 May 2020
to complete Steps 2 and 3 however the payments for these
fortnights will be delayed.
- A pre-requisite for employees being eligible to
participate in the first 2 fortnights (commencing 30
March) is that each employee has been paid the minimum
of $1,500 for each of these 2 fortnights (or the monthly
equivalent of $3,250) by tomorrow, 8 May.
If you have not paid an employee this minimum amount by
tomorrow, you are not entitled to receive payment for
- We also remind you that the 3rd fortnight ends on
Sunday 10 May and that to be eligible
to claim the payment for this fortnight you must have
also paid the minimum of $1,500 for this fortnight or
the monthly equivalent of $3,250 during May.
The JobKeeper rules can be complicated. We are finding
that many businesses who initially felt they would not
qualify are eligible and there are substantial benefits for
them. We also are aware of the risks of getting things
wrong. If you would like Saward Dawson to undertake a review
of your JobKeeper documentation to ensure your eligibility
and that you have maximised your entitlements, please