- 1 How does the JobKeeper payment work for employees?
- 2 How do I get paid from JobKeeper?
- 3 What qualifies you for JobKeeper?
- 4 How long will I get the JobKeeper payment?
- 5 Who is not eligible for JobKeeper?
- 6 How much is the JobKeeper payment?
- 7 Can I get JobKeeper and still work?
- 8 Is it too late to apply for JobKeeper?
- 9 Can trainees get JobKeeper?
- 10 Can you have 2 jobs on JobKeeper?
- 11 Do you need to qualify for JobKeeper every month?
- 12 Do I have to pay back JobKeeper?
- 13 How do I know if JobKeeper is approved?
How does the JobKeeper payment work for employees?
JobKeeper payments will be made to employers monthly in arrears by the ATO. The first payments will be paid by the ATO in the first week of May 2020. The Commissioner must make the payment no later than the later of: 14 days after the end of the calendar month in which the fortnight ends; and.
How do I get paid from JobKeeper?
Every eligible employee must receive at least $1,500 per fortnight before tax, for a maximum period of 6 months. The payment will be administrated through the ATO. Businesses can enrol and apply for the JobKeeper payment on the ATO website.
What qualifies you for JobKeeper?
Eligible employers must pay eligible employees a minimum of $1,500 (before PAYG withholding) per fortnight (from 30 March 2020) in order to be eligible for the JobKeeper Payment. If the employee has not been paid this minimum amount a ‘top-up’ payment will be required to be made.
How long will I get the JobKeeper payment?
Jobkeeper is legislated to continue for up to six months. Eligible employees will receive from their employers a minimum of $1,500 per fortnight, before tax. Employers are able to top up the payment.
Who is not eligible for JobKeeper?
An employer is not entitled to the JobKeeper payment if any of the following apply: the Major Bank Levy was imposed on the entity or a member of its consolidated group for any quarter before 1 March 2020. the entity is an Australian government agency (within the meaning of the Income Tax Assessment Act 1997)
How much is the JobKeeper payment?
Before 28 September 2020, the amount of JobKeeper Payment your employer can receive for wages they have paid to you is $1,500 per fortnight.
Can I get JobKeeper and still work?
You can obtain additional employment (casual, part-time, full-time or fixed term) and continue to be employed and paid JobKeeper by your casual employer. This is because the scheme was designed to allow you to earn additional income and still get JobKeeper support through your eligible employer.
Is it too late to apply for JobKeeper?
While you have until 31 May to enroll, the ATO encourages you to do so by the end of April to ensure you receive your JobKeeper payments as soon as possible. Note the tax office plans to pay employers one month in arrears.
Can trainees get JobKeeper?
Any apprentice or trainee who has been stood down without pay will be better off under the Job Keeper scheme. However, an employer can claim Supporting Apprentices and Trainees payments from 1 January 2020 to 29 March 2020 and then commence claiming Job Keeper payments from 30 March 2020.
Can you have 2 jobs on JobKeeper?
Yes – you can earn additional income and claim JobKeeper through your original employer as long as you maintain your employment with them.
Do you need to qualify for JobKeeper every month?
You need to have paid your eligible employees at least the relevant JobKeeper amount for each fortnight being claimed. Each month you must complete a business monthly declaration to keep claiming JobKeeper payments. Your tax or BAS agent can also make the business monthly declaration for you.
Do I have to pay back JobKeeper?
Eligible businesses that received JobKeeper payments do not need to repay those amounts. However, some businesses may choose to voluntarily repay an amount. Voluntary repayments do not reduce the amount of JobKeeper a business received.
How do I know if JobKeeper is approved?
How will I find out if I’m accepted into JobKeeper? Businesses waiting to find out if they’ve been accepted to receive JobKeeper payments should keep an eye out for a digital receipt from the ATO.