Don’t have time to read below? Watch our video here
There is still time to register for jobkeeper
For those of you who were on the borderline or not able to qualify in April, please check you sales for the month of May 2020 to current date. If there is a decrease of 30% from May 2019 then we can still make the application before 31 May 2020.
Keep paying $1500 per fortnight to your employees
Now that the first round of payments has been received, this should be much easier. To keep receiving the payments until the end of the program, please continue to meet this requirement.
Should you have any employees that were employed on 1 March 2020 and are now returning to work, please be sure to let our office know. We can include these employees into your Jobkeeper application.
Similarly, should you have any employees resign, please also let us know so we can make the necessary adjustments.
Monthly reporting – no need to re-qualify
The ATO has published keydates to keep you up to date with the date of payments that will be included in each months Jobkeeper payments
Now is the time to take some serious consideration into the financial well-being of your business. We will be launching our cashflow series in June and contacting you to be included into the program. A 12 month cashflow forecast will be created to better prepare you for the uncertain times ahead.
As always, please contact me on 08 9316 4500 should you have any queries.