JobKeeper enrollment extends

The Australian Commissioner of Taxation has extended the time to enrol for the initial JobKeeper periods, from 30 April 2020 until 31 May 2020.

If you enrol by 31 May you will still be able to claim for the fortnights in April and May, provided you meet all the eligibility requirements for each of those fortnights. This includes having paid your employees by the appropriate date for each fortnight.

Remember: Business must have paid workers the minimum $1,500 a fortnight throughout April. If you have missed payments, you will need to make these by May 8th in order to be eligible for the reimbursement subsidy.

If you have questions on your eligibility as an employer, the ATO has more information on their website.

For many businesses, the ATO will use the information captured by STP to help determine their eligibility for JobKeeper payments as well as for any future stimulus.

You can also use new tools in Xero, built to streamline the process of applying for, and processing government relief. Click here to read more.

We can help establish your eligibility and prepare the reports that will be required to prove your decline in GST turnover.

Paul Burke

Paul Burke

Paul is a Business Finance and Growth Coach for motivated small and medium (SME) business owners who are ready to find their freedom. A 30 year veteran accountant and fellow of CPA Australia, Paul has a Diploma of Management, trained as a Gazelles International Certified Coach, is a successful business owner, family man, committed community volunteer and freedom finder. Paul knows how to sustain and grow a business that supports lifestyle goals. He understands why you started your business. What you hope to achieve. What you’re struggling with. He’s a font of accounting, finance and business growth wisdom who’ll support you every step of the way to help you achieve your goals in business, and life.

Share This Post

Share on facebook
Share on linkedin
Share on twitter
Share on email

Subscribe To Our Newsletter

Get our most recent updates in your inbox

More To Explore

Budgeting

Your revised business budget

In our previous article, we outlined the first step in your business recovery planning – creating or updating your personal budget.

Once you’ve done your personal budget, you can build up your revised business budget.

We recommend what we call a bottom-up process, where you start with the increase in cash you want to achieve for the month, quarter or year.

Business

Where to start with planning your business recovery

There’s a natural order in which to reinvent your business. With business continuity planning, we asked you to put the oxygen mask on yourself first.

Business recovery planning is no different.

Step one begins with YOU.

Read more and get our FREE personal budget template below.

Complimentary Review

We offer a complimentary 60 minute meeting in-person or online, to find out how we can help your business.

Wednesday June 3rd 2020 @ 11 AM

Get FREE access to my upcoming 45 minute Business Recovery Planning Webinar

Thanks

Click the button below to Download

Thanks!

Click the links below to download your freebies.

Rembemer, we’re here to help! Get in touch anytime or Book in for a free consultation.

Issues downloading? shoot us an email at info@achievebd.com.au

Credit Management Guide + Phone scripts

We don't spam, we promise.