Earlier this week the Government announced a new wage subsidy to be paid to employers; the JobKeeper payment. This payment is designed to help businesses that are impacted by COVID-19 cover the cost of wages and keep their employees. Affected employers will be able to claim a fortnightly payment of $1,500 per eligible employee effective from 30 March 2020, for a maximum period of 6 months. However, payments won’t be made to employers until the first week of May 2020 and will be paid by the ATO monthly in arrears. Employers must ensure that each employee it claims the JobKeeper payment for, receives at least $1,500 (gross) … Continue reading The JobKeeper Payment