On the 8th of April the Australian Government passed the legislation to enable the much talked about JobKeeper payments. To ensure compliance with the scheme, we have outlined below the step by step process employers will need to take&l
JobKeeper Payment: Step by Step Process Outlined
On the 8th of April the Australian Government passed the legislation to enable the much talked about JobKeeper payments to start flowing through to eligible employers. The payments will commence the first week in May 2020.
To ensure compliance with the scheme, we have outlined below the step by step process employers will need to take in order to receive the subsidy.
April 2020 JobKeeper Payment: What does the employer need to do and when?
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Process |
Timing |
Links |
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Register interest and subscribe for the JobKeeper payment updates |
Now |
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Check both business and employee Eligibility |
Now |
https://www.ato.gov.au/general/jobkeeper-payment/employers/eligible-employers/ https://www.ato.gov.au/general/jobkeeper-payment/employers/your-eligible-employees/ |
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Continue to pay at least $1,500 to each eligible employee [before tax] per Jobkeeper fortnight |
First fortnight 30 March to 12 April |
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Notify your eligible employees that you are intending to claim the JobKeeper payment |
Now |
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Send the Jobkeeper employee nomination notice to your nominated employees |
Before end of April 2020 |
https://www.ato.gov.au/Forms/JobKeeper-payment---employee-nomination-notice/ |
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Enrol with the ATO |
From 20 April 2020. For April payments must be completed before 30 April. |
Via the Business portal using myGovID |
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Provide your bank details |
Same as step 6 above |
Via the online form discussed in step 6 above |
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Specify the estimated number of employees per fortnight |
Same as step 6 above |
Note required nomination each fortnight i.e. each fortnightly pay |
May 2020 and beyond JobKeeper Payment: What does the employer need to do and when?
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Process |
Timing |
Links |
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Apply to claim the JobKeeper payment |
Via the Business portal using myGovID |
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Continue to pay at least $1,500 to each eligible employee [before tax] per Jobkeeper fortnight |
Ongoing |
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Identify your eligible employees. |
Ongoing – payroll periods |
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Submit the conformation of your eligible employees |
Each month |
Via the Business portal using myGovID. You will receive a conformation email or SMS confirming it have been received |
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Notify your eligible employees you have nominated them for payment |
Each month |
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ATO to make payment |
First week of each month |
To nominated bank account of employer |
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Reconfirm reported eligible employees. |
Each month |
Via the Business portal using myGovID. |
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Notify ATO of any changes |
Each month |
Via the Business portal using myGovID. |
Contact us
Need more help? Please do not hesitate to contact our friendly team. https://www.hailstonco.com.au/contact-us
