JobKeeper Enrolment Period Extended until 31 May.

The Australian Tax Office (ATO) has extended by one month the time to enrol for the initial JobKeeper period from 30 April 2020 until 31 May 2020.

If employers enrol by 31 May, they will still be able to claim for the payments in April and May provided the employer and employees meet all the eligibility requirements for each of those fortnights. This includes having paid employees by the appropriate date for each fortnight.

The ATO will accept that minimum payments of $1,500 are made for the first two fortnights (30 March - 12 April, 13 April - 26 April) provided they are paid by 8 May (please note this additional time is for April only at this stage).

Employers can of course enrol and claim for JobKeeper earlier if they choose. For example, you can enrol by the end of April to claim JobKeeper payments for the two fortnights in April.

The Australian Government unveiled the $130B JobKeeper wage subsidy to help employers continue to pay their employees while Covid-19 restrictions have forced many businesses to close their doors temporarily.

Under the JobKeeper program, the Government will provide a $1,500 per fortnight wage subsidy for eligible employers to help keep Australians in work.

In order to receive a payment, both the employer and employee must meet eligibility criteria.

If you would like your business adviser to assist you to enrol in JobKeeper or if you would like more information to assess eligibility, please call Evolution Advisers on 0249031111 or send an email through our contact page.