Coronavirus is constantly affecting business. So, to keep the business process go smoothly, the government has announced a $130 billion JobKeeper payment. It will help to recover the economic impact caused by the coronavirus.

What is the JobKeeper payment?

A JobKeeper payment is the fortnightly payment. Employees will receive this payment from their eligible employers in this time of crisis. Almost 6 million workers will be receiving the payment of $1500 per fortnight (before tax) through this.

Are my employees eligible for JobKeeper support?

Employees that are eligible for the JobKeeper payment are:

• The one employees by the particular employer on 1 March 2020
• Employees with current employment including the ones who got laid off or re-hired.
• Any employees who are full time, part-time, or long term casuals (the ones with regular employment for 12 months from 1 March)
• Should be 16 years of age at least,
• Must be a citizen or hold a  permanent visa, is a Protected Special Category Visa Holder, a non-protected Special Category Visa Holder and are residing in Australia for more than 10 years. Or they are special category (subclass 444) visa, holder.
• Are not registered for JobKeeper payment with another employer.

Is my business eligible for JobKeeper?

The employers that are eligible for JobKeeper payment are:

• The ones with the turnover below $1bn and have faced a reduction in turnover of more than 30% as compared to the period 12 months ago (of at least a month).
• The ones with a turnover of $1bn and have faced a reduction in turnover of more than 50% as compared to the period 12 months ago (of at least a month).
• And the ones not subjected to any Major Bank Charge.

Any sole trader or self-employed with ABN and non-profit organisations are eligible for JobKeeper payment if meet the criteria of turnover.

How can I apply?

The process of JobKeeper payment will be processed by the ATO. If you are eligible for it, you need to participate by registering your interest through the ATO website. Stay updated with any latest information about the JobKeeper payment scheme. Once you register, you will be receiving all the latest updates from ATO. Moreover, you will get all the information about where and how to claim the JobKeeper payment. In case, you are a BAS or Tax agent, you don’t require registration for every client. Unless you want every client to receive information directly.

How DHRP can help you with a smooth integration?

DHRP understands your concern about the ongoing business process. While you are busy claiming your subsidy amount, we can help you in the smooth integration of the systems. So, further, you can calculate and get the list of eligible employees without any trouble.