Government Support for Businesses and Employers during Covid-19

The main types of federal government support for businesses and employers during the Covid-19 crisis are the following:

• JobKeeper Payment
• Boosting cash flow for employers
• Increasing the instant asset write-off
• Backing business investment

This is a brief view of each one of them to help you assess if any available support really applies to your business and if so, what you can do next to take advantage of it.

JobKeeper Payment​
The time to enrol for the initial JobKeeper periods has been extended, from 30 April 2020 until 31 May 2020.
If you enrol by 31 May you will still be able to claim for the fortnights in April and May, provided you meet all the eligibility requirements for each of those fortnights.
The requirement is that you had paid your employees by the appropriate date for each fortnight.
For the first two fortnights (30 March – 12 April, 13 April – 26 April), a minimum payment of $1,500 for each fortnight must have been paid by you even if it has been paid late, provided it is paid by 8 May 2020.

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