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  • COVID-19: wages subsidy

    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:

    • Check if you, as an employer, and your nominated employees meet the eligibility requirements.
    • Notify eligible employees that you (their employer) intend to participate in the JobKeeper scheme.
    • Send your eligible employees the JobKeeper Employee Nomination Notice to complete and return to you. Confirm with eligible employees that they agree to you being the primary employer to receive JobKeeper payments.
    • Keep the Employee Nomination Form on file for five years.
    • Pay the minimum $1,500 to each eligible employee per JobKeeper fortnight. The first fortnight starts on 30 March and ends on 12 April. Alternatively, you can make one combined payment of $3,000 for the first two fortnights (paid by the end of April 2020).
    • Enrol for JobKeeper from 20 April using the Business Portal and authenticate with myGovID.
    • Subscribe to updates on the ATO website so we can let you know when new information is available.

    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.

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