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JobKeeperPayment

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Are you eligible for JobKeeper?

This information is for all those who have applied for JobKeeper. It is time for them to check whether you are eligible for this scheme any more. A business participant is eligible for this scheme if he is not employed in your business but is active in one of your business’s operation. He might be […]
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ATO doesn’t consider the JobKeeper payments as a part of aggregated turnover

JobKeeper payments have been considered as assessable income. But there are certain concerns regarding the status of JobKeeper payments as whether they fall under ordinary income or statutory income. For those who don’t know about it, under this scheme, the business which has been affected the most due to the outbreak of Corona COVID-19 will […]
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Get ready! It’s the tax time.

Probably this year went through loads of difficult shifts; some unusual and unseen incidents have affected the economy worldwide. All of us did work from home, while most of us relied on the government’s assistance. But, as the end of the financial year is nearer, the lines of worriment may be visible on your forehead. […]
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Employers’ frequently asked JobKeeper questions

Source: https://www.ato.gov.au/ General Question: What’s the difference between JobKeeper and JobSeeker? Answer: The JobKeeper scheme supports businesses to retain their employees by contributing to their salary and wages and is administered by the ATO. Eligible businesses are required to register with the ATO to receive these payments for their eligible employees. JobSeeker payments are a form of […]
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