I’m sure you are all aware of the JobKeeper payments being rolled out in the coming months.
Please find the latest information released from Treasury, to help you negotiate yours & your employee questions.
As always, the team at Boox are ready to help you out with your queries regarding this & any other issues in this worrying time.
Treasury updates JobKeeper guidance
Treasury has now updated its guidance on the yet-to-be-legislated JobKeeper payments, including significant information on eligibility and compliance.
Treasury has now released an updated frequently asked questions fact sheet on the proposed JobKeeper payments ahead of draft legislation being tabled before Parliament on Wednesday.
The 12-page fact sheet details responses to a raft of questions that have arisen in the wake of the government’s announcement to roll out a flat $1,500 payment per fortnight to businesses as a wage subsidy for employees retained in the business.
The update comes after the Commissioner of Taxation was given discretion to determine eligibility where businesses are unable to demonstrate impact through turnover reduction test.
Please also review the JobKeeper Payment - Information for Employers.
Take care everyone.