The JobKeeper Payment will support employers to maintain their connection to their employees.
These connections will enable business to reactivate their operations quickly — without having to rehire staff — when the crisis is over.
- The JobKeeper scheme starts on 30 March 2020 and ends on 27 September 2020.
- A business that has suffered a substantial decline in turnover can be entitled to a JobKeeper payment of $1,500 per fortnight for each eligible employee.
- It is a condition of entitlement that the business has paid salary and wages of at least that amount to the employee in the fortnight.
- A business can also be entitled to a JobKeeper payment of $1,500 per fortnight for one business participant who is actively engaged in operating the business.
- The JobKeeper scheme is administered by the Commissioner of Taxation.
- The Commissioner pays the JobKeeper payment to entities shortly after the end of each calendar month, for fortnights ending in that month.
- Some of the administrative arrangements for the scheme are set out in the Act.
We’ve added this to your COVID-19 Economic Support Measures and Resources