Just last week, I referred to client confusion in determining their eligibility to the various Government Stimulus Measures & Incentives.
One such measure is the JobKeeper Payment, which was passed by Parliament on 9 April 2020. Discussions with our clients over the last week have shown us there is still confusion as to how this applies.
Under this scheme, an employer can claim a $1,500 per fortnight wages subsidy per eligible employee from 30 March 2020. The first payments by the ATO will be received by employers from the first week of May.
For a number of our clients, this measure will mean the difference between closing the business and keeping the business going.
Rather than attempting to articulate in detail how this works, please contact us so that we can determine eligibility in your situation.