General WHAT IS THE JOBKEEPER PAYMENT? The JobKeeper Payment is a payment made to eligible businesses and not-for-profits affected by the Coronavirus to support them in retaining employees. Eligible businesses that elect to participate will receive a payment of $1,500 per fortnight per eligible employee to support the people they employed as at 1 March…
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Important Information for Employers and Small Businesses
Hello everyone! I just got a short update yesterday from watching one of the software companies regarding ‘JobKeeper’ funds for employers. Instead of calling /ringing ATO, use the link below. Because they’ll most certainly advice you to go to this link anyways. https://www.ato.gov.au/general/gen/JobKeeper-payment/?=redirected_JobKeeperAs As of March 30, 2020, affected businesses, who employ staff; may Register…
Single Touch Payroll What You Have to Know
Business owners will need to be aware of the Single Touch Payroll (STP). The Single Touch Payroll is an initiative by the Australian Tax Office (ATO) that hopes to provide better accuracy and timeliness on a business’ payroll processes. Among the things that it is aimed to help businesses with include payroll and taxation. Companies…
