Many of us are understandably anxious, stressed and fearful about the impacts of coronavirus and what it brings. The South Australian Health and Medical Research Institute (SAHMRI) has reduced its online mental health support program from $320 to 'pay what you feel'. If you’re suffering, please get onto the Be Well Plan at www.bewellplan.com.
The JobKeeper Payment is a temporary scheme open to businesses impacted by the Coronavirus.
If eligible, your business can access a subsidy to continue paying employees. It is intended to help you keep people in their jobs and re-start your business when the crisis is over. For employees, this means they can keep their job and earn an income – even if their hours have been cut.
The Government will provide $1,500 per fortnight per employee for up to 6 months.
Eligible businesses are those whose turnover had reduced by:
more than 30 per cent if they have a turnover of less than $1 billion
more than 50 per cent if they have a turnover of more than $1 billion
and the business is not subject to the Major Bank Levy
How to register
You must elect to participate in the scheme. You need to:
apply to the Australian Taxation Office (ATO)
provide supporting information demonstrating a downturn in your business
report the number of eligible employees you employ on a monthly basis
They payment is for each eligible employee that was on your books on 1 March 2020 and who is still engaged by you – including full-time, part-time, long-term casuals and stood down employees.