JobKeeper Key Dates
26 May 2020
Key dates for JobKeeper are approaching and it is important that eligible businesses meet these dates to receive payments from the Australian Taxation Office. If you have not enrolled for JobKeeper JobKeeper enrolments for the fortnights paid in April 2020 and May 2020 must be completed by 31st May 2020. Please note that after this […]
Read More
JobKeeper – One in all in
09 May 2020
From 1 May 2020, there is an obligation that within seven days of enrolling to receive JobKeeper payments an employer must give a written notice to each of their employees. The written notice must include the following: Explain to employees what they need to do to be nominated by the entity for JobKeeper payments Provide […]
Read More
JobKeeper – Record Requirements
01 May 2020
Eligibility for JobKeeper payments is a self-assessment process, with the Australian Taxation Office (ATO) administering the payment. However, if a payment is made and the ATO later determine that the entity was not entitled to that payment (or was entitled to a lesser amount) the entity will be required to repay the overpaid amount. Penalties […]
Read More
JobKeeper – Cash or Accruals
29 Apr 2020
The ATO has updated their position on whether a business should use a cash method or an accruals method to determine their eligibility for the JobKeeper payment. The revised ATO position is less favourable than the previous statement and is as follows: “If you normally account for GST on an accruals basis, but seek to […]
Read More
