15 April 2020
We understand many businesses may be concerned about retaining employees due to the economic impacts of COVID-19 (coronavirus).
To help employers, the government has introduced the JobKeeper Payment, delivered through the ATO.
Here are the steps you need to take to get ready:
Sole traders and other businesses with self-employed individuals are eligible for the JobKeeper Payment for one business participant if their business has experienced a downturn. They will need to meet other eligibility criteria, like having an ABN on 12 March 2020. You can find out more about eligibility for sole traders through our JobKeeper Payment scheme page.
Find out about:
Related news items
These common scenarios will help you with your FBT obligations.
You can access expanded instant asset write-off and accelerated depreciation.
Scammers use every chance to target you, especially when times are tough.