COVID-19: Latest Update on the JobKeeper Payment
Posted 16 Apr '20
Posted 16 Apr '20
What we know so far
We have compiled a summary on what we know so far in relation to JobKeeper. Whilst the summary is countless pages long, we promise you, this is the short version!
Few important dates to note
> From 20 April 2020 – ATO Online Application Opens
> By 26 April 2020 – Must have completed the ATO Online Application to receive reimbursement in May for April payments
> From 4 May 2020 – Able to apply for JobKeeper payment through Portal
> 27 September 2020 – Last day of final JobKeeper fortnight
To register your interest in participating in the payment, please go to the ATO website.
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Let’s face it; bookkeeping isn’t the most exciting part of running a business. However, it’s one of the most important!
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For Not-for-Profit (NFP) entities, understanding and adhering to new requirements can be a daunting task, especially with the ever-evolving regulatory landscape.
Let’s break down director loans, how they affect your business, and what you can do to avoid common pitfalls. By following this article, you can understand more about Director's loans and why its so important it's done right so you don't land yourself in hot water with the ATO!