Have you enrolled in JobKeeper?
Have you enrolled in JobKeeper? You must ‘declare’ before you begin to receive payments.
Nearly 730,000 businesses, covering almost 5 million employees, have signed up for the massive Jobkeeper scheme. The federal government will pay eligible employers $1,500 per fortnight for each eligible worker, about 70% of the national median wage.
With the first round of payments under the Morrison government’s $130 billion JobKeeker scheme set to start flowing this week, a little over a month after the program was first announced.
For information regarding Jobkeeper enrolment click here.
JobKeeper – Enrolment and Application Process
Holmans have prepared a ‘JobKeeper – Enrolment and Application Process’ document that details each step of the enrolment process. Click here to access the PDF document.
Jobkeeper Key Dates & monthly declarations
A timeline of JobKeeper key dates is now available on the ATO’s website, including a list of dates for employers over the life of the program.
You must provide information as to your current and projected turnover. This is not a retest of your eligibility, but rather an indication of how your business is progressing under the JobKeeper Payment scheme. The ATO has published new guidance on how firms accepted into JobKeeper can make their mandatory monthly declarations. Click here to view.
- JobKeeper Fortnight 1: March 30 – April 12; employees must be paid by May 8.
- Fortnight 2: April 13 – April 26; employees must be paid by May 8.
- Fortnight 3: April 27 – May 10; employees must be paid by May 10.
- Fortnight 4: May 11 – May 24; employees must be paid by May 24.
- Fortnight 5: May 25 – June 7; employees must be paid by June 7.
- Fortnight 6: June 8 – June 21; employees must be paid by June 21.
- Fortnight 7: June 22 – July 5; employees must be paid by July 5.
- Fortnight 8: July 6 – July 19; employees must be paid by July 19.
- Fortnight 9: July 20 – August 2; employees must be paid by August 2.
- Fortnight 10: August 3 – August 16; employees must be paid by August 16.
- Fortnight 11: August 17 – August 30; employees must be paid by August 30.
- Fortnight 12: August 31 – September 13; employees must be paid by September 13.
- Fortnight 13: September 14 – September 27; employees must be paid by September 27.
How do I know if my JobKeeper application has been succesful?
Eligible businesses that have been accepted into the Jobkeeper scheme will receive a digital receipt from the ATO. There is currently an automated process confirming to businesses they’ve been accepted as enrolled.
Enrolment into Jobkeeper is really the first stage of the Jobkeeper application and is based on the information a business has provided in their application. Continued declarations will be required for the duration of the Jobkeeper scheme.
Jobkeeper declarations will need to be reaffirmed every month for the duration of the scheme. Each monthly declaration will need to provide current and projected turnover calculations and reconfirm eligible employees. These declarations are to be provided via the ATO’s business portal which opened Monday May 4th.
Businesses will need to make this declaration before receiving their first payments.
Each monthly report provides proof that you are still eligible for the scheme, thus triggering payments in the subsequent months.