How do I ENROL for the JobKeeper payment?
As the business owner you can enrol and apply for the JobKeeper (JK) payment from 20 April 2020.
The steps you need to follow:
1. Check you and your employees meet the eligibility requirements
2. Continue to pay at least $1,500 to each eligible employee per ATO JK fortnight (the first JK fortnight is the period from 30 March to 12 April)
3. Notify your eligible employees that you are intending to claim the JK payment on their behalf and check they aren’t claiming JK payment through another employer or have nominated through another business
4. Send the JobKeeper employee nomination notice to your nominated employees to complete and return to you by the end of April if you plan to claim JobKeeper payment for April. Keep it on file and provide a copy to your registered tax agent if you are using one
5. From 20 April 2020, you can enrol with the ATO for the JK payment using the Business Portal and authenticate with myGovID. (if doing yourself) otherwise your Tax/BAS Agent can do this for you via the ATO Services Portal. This needs to be submitted by the end of April to claim JK payments for April
6. In the online form, provide your bank details and indicate if you are claiming an entitlement based on business participation, for example if you are a sole trader
7. Specify the estimated number of employees who will be eligible for the first JK fortnight (30 March – 12 April) and the second JK fortnight (13 April – 26 April).
How do I APPLY for JobKeeper payment?
You can apply for the JK payment from 4 May 2020.
The steps you need to follow are:
1. Apply to claim the JK payment by logging on to the ATO Business Portal (if doing yourself) otherwise your Tax/BAS Agent can do this for you via the ATO Services Portal
2. Ensure you have paid each eligible employee a minimum of $1,500 per JK fortnight before tax.
3. Identify your eligible employees in the application form by:
- selecting employee details that are prefilled from your STP pay reports if
- using a registered tax agent who will submit a report on your behalf through Online services for agents.
4. Submit the confirmation of your eligible employees online and wait for your confirmation email or SMS showing it has been received.
5. Notify your eligible employees you have nominated them
6. ATO will pay you the JK payment for all eligible employees after receiving your application
7. Each month, you will need to reconfirm that your reported eligible employees have not changed to continue payment.
8. If your eligible employees change or leave your employment, you will need to notify ATO through your monthly JK Declaration report.
You do not need to retest your reported fall in turnover, but you will need to provide some information as to your current and projected turnover. This will be done in your monthly JobKeeper Declaration report
What do you need to do for your employees?
You need to identify which employees you intend to claim the JK payment for and tell them you intend to claim the JK payment for them.
You need to provide these employees with the JobKeeper employee nomination notice and ask them to return it to you by the end of April if you want to claim JobKeeper payment for April.
If your employees have multiple employers, they can usually choose which employer they want to nominate through. However, if your employees are long-term casuals and have other permanent employment, they cannot nominate you. They cannot receive the JK payment from more than one employer.
If an employee is currently receiving an income support payment, they must notify Services AustraliaExternal Link of their new income to avoid incurring a debt that they will have to repay.
Example Of Decline In Turnover Test
Entity Name: ______________
Assessment Date: __________
Test provided for in the Rules
(A) Actual GST turnover for __________ (month/quarter) $XXX
(B) Compared turnover in ____________ (same period in 2019) $XXX
(C) Shortfall of A deducted from B = $XXX
Shortfall percentage for the entity is C / B = % XXX%
If Shortfall % is more than 30% (or 50% if turnover more than $1billion) the entity is qualified for the JobKeeper Scheme. Note ACNC registered Charities shortfall only needs to exceed 15%
ATO have advised: To work out your fall in turnover, you can compare either:
• GST turnover for March 2020 with GST turnover for March 2019
• projected GST turnover for April 2020 with GST turnover for April 2019
• projected GST turnover for the quarter starting April 2020 with GST turnover for the quarter starting April 2019.
Therefore use the above table for one of the alternate testing methods Indicate whether the entity passes the decline in turnover test Yes / No
If shortfall % is less than 30% then alternative tests may apply:
Part information on alternative test has been provided by the ATO, however further information is outstanding.
“Other circumstances” yet to be determined by the ATO.