Subsequent to our previous articles, the ATO provided further clarification on Thursday 16 April 2020 in relation to JobKeeper payments in respect of certain individuals who are not employees of a business, but who are actively engaged in the business carried on by a sole trader, partnership, trust or company (i.e. not passive partners, shareholders and beneficiaries). Unlike the JobKeeper payment paid to employees, the JobKeeper payment in respect of business participants, is not required to be passed on by the entity to the individual engaged in the business.  Therefore, wages are not required to be paid nor PAYG Withholding withheld, the JobKeeper payment is simply taxable income to … Continue reading JobKeeper for Business Participants who are not Employees