Under the JobKeeper Payment scheme, a Federal Government economic response to COVID-19, eligible businesses that have been significantly impacted by the pandemic will have access to a wage subsidy of $1,500 per eligibly employee, per fortnight.

Eligible businesses can enrol for the payment from 20 April 2020 and if enrolled by 30 April 2020, will begin receiving reimbursements the first week of May. These will be paid monthly, in arrears until 27 September 2020.

The scheme is expected to benefit six million Australian workers and is budgeted to cost $130 billion.

Find more information on eligibility, registration and critical payroll codes in our resources below.

How we can help

To find out more on the JobKeeper Payment, contact your local William Buck Tax Services specialists.

Related articles

Find the latest news on how COVID-19 is impacting businesses. Check in here to see our latest commentary.

30 April | JobKeeper Program – Startup-specific issues and FAQ

Many startups are scratching their heads wondering if they actually qualify for the program and what do they need to do to be paid JobKeeper.

The purpose of this article is to provide insight on some of the most commonly-asked questions we have received from the tech sector over the last few weeks about how the JobKeeper measures apply to startups and scaleups.

Find out more >

29 April | Everything startups need to know about the JobKeeper ‘alternative test’ to qualify

Since startups can scale rapidly, many of them are unable to rely on the “basic test” demonstrating a 30% decline in turnover in a particular month or quarter this year to the same month or quarter last year.

Find out more > 

15 April | Flawed JobKeeper Payment could cause more harm to small business

Australia’s JobKeeper Payment will be a saviour for many businesses and their employees, but draft rules implementing the initiative contain a fatal flaw that will likely mean thousands of employees of small businesses miss out on the $1500 payment.

Find out more >