In its efforts to provide much needed relief to employers and employees from the financial impact of COVID-19, the Australian Government has announced the JobKeeper Payment scheme to support employers who are experiencing economic downturn in the wake of COVID-19, in continuing to pay both functioning and stood down or rehired workers.
An employer will be eligible where their business:
Sole traders, self-employed people, partnerships, trusts and not for profits will also be eligible should they meet the turnover test above.
Eligible employers must:
An eligible employee is a full-time worker, part-time worker, or long-term casual (a casual employed on a regular basis for longer than 12 months as at 1 March 2020) who is;
If you would like further advice about these scheme, please contact us to discuss.
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