Implementation Information from the ATO
Following on from yesterday’s eAlert to Members regarding the JobKeeper scheme, the Australian Taxation Office (ATO) has now uploaded detailed information on the implementation of the scheme to the JobKeeper Payment page on their website.
The ATO website contains important information on:
• Eligible employers
• Eligible employees
• Amounts payable per month for eligible employees
• How to enrol and apply for the JobKeeper payment
• Paying your eligible employees
Importantly, the ATO has clarified that the calculation of decline in turnover is not dependent on an organisation’s BAS reporting cycle (monthly or quarterly). To qualify for JobKeeper from the first JobKeeper fortnight starting 30 March 2020, you can compare either:
• GST turnover for March 2020 with GST turnover for March 2019
• projected GST turnover for April 2020 with GST turnover for April 2019
• projected GST turnover for the quarter starting April 2020 with GST turnover for the quarter starting April 2019
If none of these comparisons make your organisation eligible, your next opportunity to enter the JobKeeper scheme will be the JobKeeper fortnight 27 April to 10 May 2020. Entry then would be subject to a comparison of projected GST turnover for May 2020 with actual GST turnover for May 2019 demonstrating the necessary decline in turnover. Similar comparisons can continue to be made throughout the six months of JobKeeper until eligibility can be established, but JobKeeper payments will only be made prospectively from when eligibility is established (i.e. there will be no back payments of JobKeeper). Once you qualify for the JobKeeper payments because your turnover has declined by the relevant amount, you remain eligible and do not need to keep testing turnover in following months.
Some key dates include:
|Enrol online for the JobKeeper payment using the Business Portal, authenticating with MyGovID||from 20 April onwards|
|Receive JobKeeper employee nomination notices from eligible employees||by the end of April|
|Pay each eligible employee $1,500 for each JobKeeper fortnight in April||before the end of April|
|Online confirmation of eligible employees to the ATO||from 4 May onwards|
Please remember, the rules around JobKeeper may be complex and CCSA suggests you consider their impact on your service carefully and in detail. CCSA will continue to provide you with information and support, but it does not provide legal advice and you may wish to obtain expert advice from a qualified professional about the particulars of your service.
Our Member Support Team is here to help you work through the issues you may have but you will need to make an independent and informed decision about the impact these new regulations will have on your service.