JobKeeper Services

#jobkeeper #stimulus

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JobKeeper Help

JobKeeper is a Federal Government subsidy to eligible businesses affected by COVID-19 to cover the cost of their employee’s wages, as well as the business owner (if they are not paid a wage). The subsidy payment is $1,500 per fortnight per eligible employee for up to 6 months (a maximum of $19,500 per eligible employee).

The ATO has specific actions that must take place within tight timeframes for an employer to receive the JobKeeper payment. We are qualified, as registered tax agents, and have qualified bookkeepers and accountants that can help you claim the maximum amount.

Download JobKeeper Form

JobKeeper Services

 

We can help businesses determine their eligibility to the JobKeeper payments, their eligible employees, the Business Participant Entitlement and then manage the whole ATO enrollment, application and reporting process.

Upfront Work

Employer Eligibility Assessment - basic test - $ 250

Employer Eligibility Assessment - alternative test - $ 350

Employee Eligibility Assessment + Employee Nomination Notices - $ 50 per employee

Enrol for JobKeeper with ATO - $ 150

Apply for JobKeeper Payments - $ 150

Ongoing Work

Monthly JobKeeper Declaration Report - $ 50 per month

If you are a sole trader with no employees, we offer a discount of 30%.

Our fees work out to be 0.5% to 2.5% of the total JobKeeper payments received (up to $19,500 per eligible employee).

Below is an outline of the work involved:

  1. Employer Eligibility Assessment - NOW

    1. Review ATO requirements for the business

    2. Review ATO requirements for the employees

    3. Review ATO requirements for Business Participation Entitlement - Sole Trader, Partnership, Company or Trust

    4. Document the fall in turnover % in case of future ATO audit

  2. Identify Eligible Employees - NOW

    1. Prepare list of eligible employees

    2. Prepare JobKeeper employee nomination notice for all eligible employees and ensure all notices are signed

  3. Make correct wage payments to Eligible Employees - NOW

    1. Ensure your payroll software is correctly set up to record JobKeeper “top up” payments

    2. Pay the minimum $1,500 before tax to each eligible employee each fortnight (starting with the fortnight 30 March to 12 April) to be able to claim the JobKeeper payment for that fortnight

    3. Continue to pay the minimum $1,500 to employees in every subsequent fortnight until 27 September 2020

  4. Enrolment for JobKeeper - NOW

    1. Provide bank account details for receipt of JobKeeper payment

    2. Confirm if applicant is entitled to a “Business Participation Payment”

    3. Specify the number of employees who will be eligible for one period and the number eligible for two periods

    4. Get confirmation that all employees the employer plans to nominate are eligible and the employer has notified them and has their agreement

  5. Apply for JobKeeper - from 4 May 2020

    1. Apply to claim the JobKeeper payment using ATO online services between 4 May 2020 and 31 May 2020

    2. Ensure all eligible employees have been paid $1,500 per fortnight

    3. Identify the eligible employees from a STP prefill or by manually entering into ATO online services

    4. Update your accounting system Chart of Accounts to ensure JobKeeper payments are coded correctly

  6. Monthly JobKeeper Declaration Report - due by 7th of each month

    1. Using ATO online services, report to the ATO using their Monthly JobKeeper Declaration Report on the following:

      1. Reconfirm that your reported eligible employees have not changed

      2. Input current GST turnover for the reporting month

      3. Input projected GST turnover for the following month

      4. Notify if any eligible employees have changed or left your employment