From the desk of Sonia Gibson
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JobKeeper Explained For Business Owners Without Employees
JobKeeper is a wage subsidy being a fixed payment of $1,500 per fortnight for fortnights starting 30 March 2020 and ending 27 September 2020. The subsidy is to be paid to an eligible business which is then passed on to an eligible employee. The JobKeeper scheme recognises that certain participants in a business, such as a sole trader, a partner in a partnership, a beneficiary of a trust and a director or shareholder in a company are also affected by the economic downturn caused by the Coronavirus. Accordingly, in order to provide a benefit to such business participants, the Jobkeeper scheme has been extended.
JobKeeper Explained For Businesses With Employees
What is JobKeeper? JobKeeper is a wage subsidy being a fixed payment of $1,500 per fortnight for fortnights starting 30 March 2020 and ending 27 September 2020. The subsidy to be paid to an eligible business which is then passed on to an eligible employee. The payment must have already been passed on to the employee in full for the business to be eligible for the payment. Once in the scheme an employer cannot elect for some eligible employees to be covered by the scheme and not others.
Superannuation, Too Costly To Be Out Of Sight Out Of Mind
Over the past few months there has been a great deal of focus on large companies not paying their employees correctly. I thought it a timely reminder to take a deeper look into an area that we see many small businesses fall short when it comes to employee entitlements, and that is super.
COVID-19 (Coronavirus) Assistance Directory
With so many announcements having been made in relation to Covid-19 and the assistance available we thought we would put together this handy resource for you to access just what need. This is a rapidly changing situation and this list is current as at 14 April 2020.