1 June 2020
This is a reminder for any businesses that are either currently enrolled in the JobKeeper program, or may wish to consider registering if their business is now eligible.
For those currently registered in the JobKeeper program
A declaration is required to be lodged each month so you can receive your JobKeeper payment.
The important dates to remember for the May declaration are:-
- 1 June 2020 – May declaration process is open
- 14 June 2020 – May declaration must be completed
You will need to declare the following:-
- Your actual GST turnover for the month of May
- Your projected GST turnover for the month of June
- Confirm that the employees/business participants nominated remain eligible to receive the JobKeeper payment
- That your bank details have not changed
The May declaration is now open via the Business Portal/your tax agent. If i2 Advisory are to lodge the above details on your behalf, we will be in contact shortly to assist you to collate the above information.
For those not currently registered in the JobKeeper program
Please review your figures and discuss the program with your accountant to see if you are now eligible for the program. Just because you have not registered to date, does not mean you won’t ever be able to. Currently, registrations can be entered into up until the end of the program on 27 September 2020.
South Australian Government Small Business Grant – $10,000 Emergency Cash Grant
If you are not currently registered for this grant, and you may be eligible, please get in contact with us as a matter of urgency as registrations close today, 1 June 2020. Further information about the eligibility criteria or the grant can be found here.
If we can assist with the above or any other matters, please do not consider to contact us at email@example.com or 08 8132 6400.
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.