Sole Trader Granted Access To JobKeeper With Backdated ABN

A sole trader who was able to backdate his ABN has won access to JobKeeper payments in a recent case before the Administrative Appeals Tribunal (AAT).

Corporate Secretarial, Financial Accounting, TaxationJPR BUSINESS GROUP3 February 2021sole trader, jobkeeper payment, jobkeeper, JobKeeper

The Final Stage Of JobKeeper And How To Access It

The impact of COVID-19 has been felt very differently from region to region. Fortunes vary wildly between business operators subject to ongoing lockdowns and trading impediments to those benefiting from the “new normal”.

Taxation, New Business, Financial AccountingJPR BUSINESS GROUP1 February 2021jobkeeper, business, jobkeeper payment

Extended December JobKeeper Deadlines

The ATO has extended the JobKeeper monthly business declaration deadline for the month of December until 28 January 2021 (from 14 Jan 2021).

Corporate Secretarial, Financial Accounting, New Business, TaxationJPR BUSINESS GROUP3 December 2020ATO, jobkeeper, australian tax office, covid-19

JobKeeper clawback begins

At the recent Senate Estimates hearing, Jeremy Hirschhorn, the ATO’s Second Commissioner, stated that $120 million in JobKeeper payments had been clawed back from those either deliberately seeking to rort the system or who had made reckless mistakes.

TaxationJPR BUSINESS GROUP5 November 2020jobkeeper, ATO, australian tax office

JobKeeper: The next steps

The first tranche of JobKeeper ended on 27 September 2020. We look at the issues for those seeking to qualify for the second tranche of JobKeeper and for those no longer eligible.

Taxation, Financial Accounting, Corporate SecretarialJPR BUSINESS GROUP1 October 2020jobkeeper payment, jobkeeper, JobKeeper, Jobkeeper 2.0, ATO, Tax, business, small business, employment, sole trader, covid-19, coronavirus

JobKeeper Alert

With the employee test date for JobKeeper moved to 1 July 2020, some additional employees might have become eligible for JobKeeper. The August JobKeeper monthly business declaration is due by 14 September and is different to the previous form as it covers three JobKeeper fortnights.

Financial AccountingJPR BUSINESS GROUP2 September 2020jobkeeper, Jobkeeper 2.0, employment law, covid-19

What now? Where to get help if you need it

The Government has announced further changes to the JobKeeper scheme. The good news is that employees that missed out on JobKeeper because they were not employed on 1 March 2020 might now be eligible

Corporate Secretarial, Financial Accounting, New Business, TaxationJPR BUSINESS GROUP13 August 2020jobkeeper payment, jobkeeper, coronavirus, covid-19, business, business assistance

JobKeeper changes: What's new in JobKeeper 2.0

On 21 July 2020, the Government announced that due to the ongoing COVID-19 crisis, the JobKeeper Payment Scheme will be extended by six months until 28 March 2021, from the original end date of 27 September 2020. The period of the extended scheme comprises 13 fortnights - ie. the proposed extension doubles the length of the original scheme.

Taxation, Financial Accounting, Business DevelopmentJPR BUSINESS GROUP24 July 2020coronavirus, covid-19, tax, jobkeeper, jobkeeper payment, government assistance

JobKeeper and termination payments

An employment termination payments (ETP) is a lump sum payment made to an employee when their job is terminated. ETP’s are generally made up of unused sick leave or unused rostered days off, payment in lieu of leave, genuine redundancy payments, etc.

Taxation, Financial Accounting, Corporate SecretarialJPR BUSINESS GROUP3 July 2020covid-19, coronavirus, jobkeeper, employment law