The new JobKeeper Payment has passed through parliament and the Australian Taxation Office is working to assist businesses to access the scheme, helping them to retain their employees.
The program will be administered by the ATO and will involve employers checking that they are eligible and then enrolling with the ATO to be paid the JobKeeper payments. Employers will receive a monthly payment for each eligible employee who was paid by the business during the previous month.
Employers need to take steps now to be eligible for the first round of JobKeeper Payments which will be paid from the first week of May 2020.
The ATO’s media release can be viewed here: https://www.ato.gov.au/Media-centre/Media-releases/Employers-need-to-get-ready-for-JobKeeper-now/
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