Keeping Australians in jobs
What is it: The JobKeeper Payment is a subsidy to businesses, which will keep more Australians in jobs through the course of the coronavirus outbreak.
Status: The program commences on 30 March with the first payments to be received by eligible businesses in the first week of May as monthly arrears from the Australian Taxation Office.
The payment will be paid to employers, for up to six months, for each eligible employee that was on their books on 1 March 2020 and is retained or continues to be engaged by that employer. Employers will receive a payment of $1,500 per fortnight per eligible employee.
For: Businesses structured through companies, partnerships, trusts and sole traders. Not for profit entities, including charities, will also be eligible.
How to access: Eligible businesses can apply for the payment online and are able to register their interest via ato.gov.au
Information and resources:
Sage Knowledgebase has all the information on how to set up the JobKeeper payment in Sage MicrOpay and Sage WageEasy. If this is your first time visiting Sage Knowledge base, you will first need to sign up.
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