JobKeeper - Businesses Without Employees

The ATO has updated their website in relation to JobKeeper for businesses without employees:-
 
https://www.ato.gov.au/General/JobKeeper-Payment/Sole-traders-and-other-entities/
 
If you are a sole trader, partnership, company or trust where you are a non-employee who is actively engaged in the operation of the business, then you may be eligible for JobKeeper if your business turnover has fallen by 30% or more. The eligibility criteria of the individual and the business entity are listed in the above ATO link.
 
Your entity will need to enrol and apply for JobKeeper via an online form available on the ATO website from 20 April.
 
If you need assistance, please contact us

Please find a video link from Tax and Super Australia discussing the JobKeeper information from the ATO https://vimeo.com/408258934

Please also note that our business continues to operate in light of the disruptions. We have technology in place to enable us to work remotely as necessary to ensure we have a safe as possible operating environment for our team.

Harper Group Pty Ltd – Chartered Accountants Frankston - Ph 9770 1547 

Disclaimer: All information provided in this article is of a general nature only and is not personal financial or investment advice. Also, changes in legislation may occur frequently. We recommend that our formal advice be obtained before acting on the basis of this information.