Who Is Entitled To JobKeeper?

How does a JobKeeper payment work?

The JobKeeper Payment will assist their employer to continue operating by subsidising all or part of the income of their employee.

If an employee would otherwise receive less than $1,500 in income per fortnight before tax, their employer must pay their employee, at a minimum, $1,500 per fortnight before tax..

How do I apply for a JobKeeper payment?

Step 1: Enrol for the JobKeeper paymentYou only need to enrol once.Log into ATO online services through myGov and select the ATO, or log into the Business Portal using myGovID.View the COVID-19 screen and select Step 1 Enrol business for JobKeeper wage subsidies.Fill in the required information which is outlined below.

How does a sole trader get JobKeeper payments?

Sole traders will need to elect to participate in the JobKeeper payment scheme by applying through the Australian Taxation Office. Business owners will need to provide an ABN, nominate an individual’s tax file number, and provide a declaration of recent business activity.

Can an employee apply for JobKeeper?

Complete a nomination form Your employer may ask you to fill in an employee nomination form. They need you to complete a nomination form so that they can claim JobKeeper for wages they have paid to you. … If you have more than one job, you can only nominate one employer.

Can 2 directors get JobKeeper?

If a business has two directors, with one being paid as an employee and the other being actively engaged in the business, they can both get the JobKeeper Payment as long as all the applicable requirements are met as outlined in our previous response.

Can I still apply for JobKeeper as a sole trader?

As a sole trader you could be eligible for either the JobKeeper or JobSeeker payment. Since 28 September 2020, the JobKeeper Payment has been extended, however, payments will be targeted to eligible sole traders that have been, and continue to be, most significantly impacted by the Coronavirus.

Can you terminate an employee on JobKeeper?

An employee can resign when receiving JobKeeper payments from their qualifying employer. This also applies if there is a JobKeeper enabling direction in place including to work fewer hours, change duties, or change work location. When an employee resigns, they may need to give their employer notice.

Is it too late to apply for JobKeeper?

The website advises – The Commissioner has extended the time to enrol for the initial JobKeeper periods to 31 May 2020. If you enrol by 31 May, you will still be able to claim for the fortnights ending in April and May provided you meet all the eligibility requirements for each of those fortnights.

Is there a cut off date to apply for JobKeeper?

To claim payments for the JobKeeper fortnights ending in December 2020, you must have enrolled by 31 December 2020. To claim payments for JobKeeper fortnight 20 ending on 3 January 2021, you must enrol by 3 January 2021.

How often is JobKeeper paid to sole traders?

A sole trader can only receive one JobKeeper payment per fortnight as an eligible business participant, even if you operate more than one business as a sole trader.

Who is eligible for JobKeeper?

Employees 18 years or older at 1 July 2020 are eligible for the JobKeeper Payment. 16 and 17 years olds may also qualify for fortnights before 11 May 2020 and may continue to qualify if they are not undertaking full time study or are independent.

How much is the JobKeeper payment?

The JobKeeper payment is $1500 per fortnight before tax. This is a flat rate whether you work full time or part time. Casual workers who have been employed for longer than 12 months are also eligible to receive the $1500 payment.

How do I apply to be a JobKeeper?

Step 1: Enrol for the JobKeeper paymentYou only need to enrol once.Log into ATO online services through myGov and select the ATO, or log into the Business Portal using myGovID.View the COVID-19 screen and select Step 1 Enrol business for JobKeeper wage subsidies.Fill in the required information which is outlined below.

How long does JobKeeper take to get approved?

The day you declared sales, you will be eligible to receive the jobkeeper pay within 3 to 5 business days.

What if I earn more than JobKeeper?

If your eligible employees earn more than the JobKeeper amount per fortnight, you should continue to pay them their regular salary or wages. However, you will only receive the JobKeeper amount for each eligible employee. … You will only be eligible to claim for the fortnights after you re-engaged your employee.

What are the new JobKeeper rules?

JobKeeper to be extended to 28 March 2021a two-tier payment rate will apply based on the worker’s average weekly work hours during a reference period;the current $1,500 per fortnight payment rate will be reduced on 28 September 2020 and reduced further on 4 January 2021;More items…•

Which visa holders are eligible for JobKeeper?

To be eligible for the JobKeeper Payment, an employee must be an Australian citizen, the holder of a permanent visa, or a Special Category (Subclass 444) Visa Holder at 1 March 2020. I WAS WORKING IN AUSTRALIA ON 1 MARCH. I HAVE BEEN STOOD DOWN, AND RETURNED TO MY HOME COUNTRY.

Are directors eligible for JobKeeper?

Sole traders are eligible for the JobKeeper Payment but must meet certain eligibility criteria. Other eligible businesses can nominate only one working director, partner, beneficiary or shareholder, as well as, any eligible employees. … Payment will be made monthly to the individual’s bank account.

Is there a minimum turnover for JobKeeper?

Employers will be eligible if: Their business has an annual turnover of less than $1 billion and their turnover will be reduced by more than 30% relative to a comparable period a year ago.