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Thursday, April 09, 2020

JobKeeper eligibility explained: Everything we know so far about applying for wage subsidies

Physical distancing is driving everything online, connecting everyone in a way we have never been connected before. Working from home is signalling new opportunities. 


JobKeeper eligibility explained: Everything we know so far about applying for wage subsidies
Treasurer and tax commissioner have broad powers
The making of these rules can be delegated to tax commissioner Chris Jordan by the Treasurer, enabling officials from the ATO and Treasury to maintain a large degree of flexibility about which businesses and workers will and won’t be eligible for JobKeeper payments throughout the life of the scheme.
It’s been designed that way to enable officials to modify and update the JobKeeper framework as the program progresses, preventing a situation where the ATO is forced to rule out businesses based on regulations already enshrined in the Fair Work Act.
These rules may cover:
  • Eligibility criteria for JobKeeper payments;
  • How JobKeeper applications must be made;
  • Whether a payment will be made in instalments or a lump sum;
  • Entitlement to payments or instalments;
  • The amount of JobKeeper payments;
  • When a JobKeeper payment should be made;
  • Conditions for applying to the JobKeeper scheme;
  • Providing information or notices; and
  • The rights, obligations and liabilities of JobKeeper recipients and other entities that benefit from those payments.
At the time of writing on Thursday morning, the JobKeeper legislation has not received Royal Assent yet. While this part is largely a formality, it limits what the ATO is able to say publicly about the scheme.


JobKeepers Act - According to Deep Bloggers and Google