The Australian Taxation Office (ATO) has announced changes to the JobKeeper deadlines for enrolment and payment requirements, these deadlines are:
• Businesses now have up to 31 May to enrol for the first two JobKeeper fortnights, being 30 March -12 April and 13 April – 26 April.
• Each employer now has until 8 May to pay the minimum $1,500 per fortnight for each eligible employee. This means that you need to ensure each employee received at a minimum two fortnightly payments of at least $1,500 per fortnight by 8 May, or a combined payment of at least $3,000.
This change was made to provide the employer sufficient time to process all JobKeeper employee nomination notices, and determine all eligible employees.
To see the latest guidance on eligibility tests, enrolment and payment information visit our full blog: JobKeeper Payments | everything you need to know
If you have any questions or are seeking clarification for your business circumstances please don’t hesitate to call us on 03 5443 0344 or email afs@afsbendigo.com.au