AccountRight Plus and Premier, Australia only AccountRight Plus and Premier, Australia only The Australian Government has announced a wage subsidy scheme (dubbed JobKeeper) to help businesses impacted by COVID-19. Under this scheme, eligible businesses will be able to access a subsidy from the government to continue paying employees. The JobKeeper scheme will reimburse eligible employers $1500 per fortnight for each eligible employee. The scheme will run for six months, backdated to 1 March 2020. From the first week in May, JobKeeper payments will go to eligible employers who have registered for the scheme. Registering for JobKeeper paymentsCheck if your business and employees are eligible for JobKeeper payments by visiting business.gov.au. If eligible, you can register your interest in applying for the scheme via the ATO website. Also, as part of the application process, make sure the ATO has your current banking details so they can pay your JobSeeker JobKeeker reimbursements. What we're doingOur experts are putting together information about how to handle JobKeeper payments in your MYOB software. We'll add the information here when it's ready (it shouldn't be too far away). |