JobKeeper FAQ - By The Numbers Accounting BlogJobKeeperCOVID-19

JobKeeper: FAQ

The team at By The Numbers thought it may be helpful to share with you all some frequently asked questions around the new JobKeeper payments! Can two different businesses claim JobKeeper payments for the same individual? No. Only one claim per individual for JobKeeper payments can be made. An entity cannot claim JobKeeper payments for an individual if there is already a JobKeeper claim being made by another business or employer for that individual. Can a sole trader with more…
JobKeeperBusiness AdviceCOVID-19

JobKeeper Payment

Finally some relief and support for those self-employed operating under as a sole trader, trust, company, or partnership, but you were not paying yourself a wage. IF YOUR BUSINESS REVENUE DROPS BELOW 30% then you will be entitled to receive the JobSeeker payment from the government. We still DO NOT have details around the mechanisms of JobKeeper payment, hopefully, we will know more early next week. Following registration by the eligible business (we will provide further details shortly), the Government…
JobKeeperCOVID-19

Further Support Announced – JobKeeper Payments

Yesterday afternoon the Government released an extraordinary stimulus package to support employers and designed to help us all get through this mess, dubbed Jobkeeper program. If an employer’s turnover has decreased by 30% they could be entitled to $1,500 per fortnight per employee. Full time and part-time employees, including stood down employees, would be eligible for the JobKeeper Payment. Where a casual employee has been with their employer for at least the previous 12 months they will also be eligible…