Jobkeeper Payments till 27 September 2020

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We are registered tax agents and we are here to assist you check your eligibility criteria and help to check requirements regarding Jobkeeper Payments.

 If you have questions regarding how much you will receive Jobkeeper payments,        don’t hesitate to contact us.

JobKeeper payments:

According to ATO guidelines from 30 March to 27 September 2020,

Employer will get $1,500 per fortnight per employee. So Employer can at least pay the basic salary to their employer.

Now there are some changes that will come after 28th September 2020.

That means that if you still want Jobkeeper payment after 28th September 2020, you need to show to the ATO that your business turnover has still declined by 30%.

For more information on online tax return 2020, Tax Return 2020, myGov 2020, myTax 2020 or any other tax related matter, please call our professional accountant on 1300 768 284 or you can email us at enquiry@taxrefundonspot.com.au

Jobkeeper Payments changes after 28th September 2020

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Company employers should assess their turnover and show that company’s turnover has still declined after 28th September 2020.

Once you assess basic requirements, employer will receive payments as below:

According to ATO guidelines from 28 September to 3 January 2021                    Employers will get $1,200 per fortnight per employee or business participant who worked more than 20 hours per week in company/business and $750 per fortnight per employee or business participant working less than 20 hours per week in company. 

In addition, The payment will decrease from 4 January 2021 to 28 March 2021 and the employer will get $1,000 per fortnight per employee or business participant who worked more than 20 hours per week in a company. And if an employee who works less than 20 hours per week for that employer will receive $650 per fortnight per employee.

If you want to know about changes and need any further details regarding Jobkeeper payment, you can contact us on 1300 768 284

You can also visit ATO website for further details, please visit on www.ATO.com

For more information on online tax return 2020, Tax Return 2020, myGov 2020, myTax 2020 or any other tax related matter, please call our professional accountant on 1300 768 284 or you can email us at enquiry@taxrefundonspot.com.au