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Under the JobKeeper Payment, businesses impacted by Covid-19 will be able to access a subsidy from the Government to continue paying their employees.
Affected employers will be able to claim a fortnightly payment of $1,500 per eligible employee from 30 March 2020, for a maximum period of 6 months.
To receive the JobKeeper Payment, employers must:
Eligibility
Employers will be eligible for the subsidy if they pass the basic turnover test:
However, if your business doesn't pass the test, you may still be eligible for the JobKeeper payment based on an alternative test, which is explained in detail on the ATO website.
Application Process
The deadline to enrol into the initial JobKeeper wage subsidy is 31st May 2020. If you enrol after 31st May, you will still be able to claim payment for April and May, provided you meet all the requirements.
Businesses with employees
Businesses without employees
Further details are provided on the ATO website for JobKeeper payment.