IS YOUR BUSINESS ELIGIBLE FOR THE JOBKEEPER PAYMENT?

IS YOUR BUSINESS ELIGIBLE FOR THE JOBKEEPER PAYMENT?

The Australian Government has announced a COVID-19 wage subsidy to assist eligible employers and employees.

Eligible employers can access the JobKeeper subsidy and claim fortnightly payment of $1,500 per eligible employee from 30 March 2020, for a maximum period of 6 months.

The JobKeeper Payment will also be available to the self-employed.

ELIGIBLE EMPLOYERS – Employers will be eligible for the subsidy if:

  • Their business has a turnover of less than $1 billion and their turnover has fallen by more than 30 per cent (of at least a month); or
  • Their business has a turnover of $1 billion or more and their turnover has fallen by more than 50 per cent (of at least a month); and
  • The business is not subject to the Major Bank Levy.

To learn more visit: https://www.business.gov.au/risk-management/emergency-management/coronavirus-information-and-support-for-business/jobkeeper-payment?fbclid=IwAR2mWa8ER2kiHelhrT9BSxr8tjzOfhqIVxjLW9HvZbGsiavQb7BPLn2r-00

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