JobKeeper Payment

Few important notes on the new JobKeeper Payment announced by the Australian Government yesterday. This is not Legislated yet.

  • The JobKeeper payment is intended to help businesses affected by COVID – 19 to cover the cost of their employee wages and keep them employed.
  • Eligible Employers1 will receive $1500 per fortnight per Eligible Employee($1500 is before tax)
  • JobKeeper payments are applicable from 30th March 2020 for maximum six months. First payments to be received by Employers in the first week of May.
  • Payments will be made to the employer monthly in arrears by the ATO.
  • Do register intention to apply for JobKeeper payment through ATO website: https://www.ato.gov.au/Job-keeper-payment
  • Eligible Employers will be able to apply for JobKeeper Payments through an online application. (this application is not available yet)
  • It will be up to the employer if they want to pay superannuation on any additional wage paid because of the JobKeeper Payment
  • Businesses without Employees (Self-employed) can also apply for JobKeeper payment by nominating an individual to receive the payment
  • For details please check the attached (Background Information – JobKeeper Payment)

Eligible Employers:

  • Business with turnover less than $1billion
  • Turnover reduced by more than 30% relative to comparable period a year ago
  • Must have been in an employment relationship with Eligible Employee2as at 1stMarch 2020 and the eligible employee is currently engaged
  • For more specific conditions, details and examples please check the attached (Information for Employers – JobKeeper payment) 

Eligible Employees:

  • Currently employed by the Eligible Employers1
  • Were employed by Employer at 1stMarch 2020
  • Fulltime, Part-time or long-term Casual (for than 12months if casual)
  • At least 16 years of age
  • Is a Australian citizen, holder of a Permanent Visa, Special Category Visa Holder or Special Category (subclass 444) Visa Holder
  • Not in receipt of a JobKeeper payment from another employer
  • For more specific details and examples please check the attached (Information for Employees – JobKeeper payment)

JobKeeper payments may affect employees eligibility for payments from Services Australia (other government payments) We will send updates as and when we receive them.

If you have any queries, please feel free to contact our office on (03) 8838 8726.

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Moumita Ghosh
Moumita Ghosh
2020-11-18
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We've been meeting Dayan for years now and he is great with his advice and is very knowledgeable and pragmatic. We recently used his services to get the home loan for our house and he and his team went above and beyond to get us the best possible deal. Ishara in his team was super communicative and responsive in following through and made the process very easy for us. Highly recommend them!
Cara Neela
Cara Neela
2020-10-24
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Dayan and Hasi are wonderful, wouldn’t hesitate to recommend them! They went through all with a fine tooth comb to ensure all was correct. Thanks to you both and the Opulent team!
Jason Barry
Jason Barry
2020-09-29
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I was looking for a different accountant and was recommended to Opulent Accountants. I have been blown away with there service. I wish I moved accountant sooner. Platinum Plumbing Enterprises P/L
Afshin Koohestani
Afshin Koohestani
2020-09-10
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Uditha Illeperuma
Uditha Illeperuma
2020-09-08
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Opulent Finance gave professional advice for my unique home loan requirement. They respond quickly with the proper information. The process was smooth and I felt comfortable to deal with the team. The team is friendly and professional to deal with. Highly recommended for any one looking for finance.
Dinesh Fernando
Dinesh Fernando
2020-09-03
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Very happy with the service provided in getting my tax returns done. Mr. Dayan is very helpful and professional and has extensive knowledge in his field of expertise. Highly recommend if you are looking for a hassle free and prompt service.
Ronald Turner
Ronald Turner
2020-07-16
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Opulent were absolutely fantastic to deal with, they are competitively priced and incredibly proactive and friendly. For me I have been much better off using their fantastic services as opposed to doing tax returns myself. Sum was amazing, incredibly knowledgable and super friendlyI'll certainly be back with Opulent next year
Milinda Wickramasinghe
Milinda Wickramasinghe
2020-07-05
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Opulent team has been fantastic and it has been truly a pleasure dealing with the team for more than 10 years. Dayan and Ishara have gone above and beyond to assist and communicated with me even when I was overseas. Excellent service has being provided in a professional and timely manner. I would highly recommend the team.
Chami Ranaweera
Chami Ranaweera
2020-04-28
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I have been working with Dayan last 9 years. All of my loans, refinance and tax are done through Opulent.Dayan and his team including Ishara are very helpful and easy to deal.
Edmund Lobo
Edmund Lobo
2019-12-02
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We were new entrants to the cattle farming scene. All the rules and regulations surrounding primary production can be very confusing. The team at Opulent Accountants walked us through all the steps, set up the necessary ABNs and Company / Trust accounts, filed the related pending BAS and Tax returns, and is currently keeping us up-to-date with all ATO related transactions. We recommend them highly to all.