REMINDER:  

JobKeeper key dates for May 2020

Among the various JobKeeper Payment conditions, it is important to remember that an employer is eligible to receive a JobKeeper payment for an individual for a fortnight if the employer passes on the $1,500 fortnightly payment to its eligible employees in full (the wages payment condition).

 


We want to remind employers who have applied for the JobKeeper Payment scheme that there are some very important dates during May 2020 relevant for the wages payment condition:

  • Friday 8 May 2020 - employee wages for the first two JKP fortnights (totalling $3,000 per employee) need to be paid before the end of 8 May 2020.

 

  •  Sunday 10 May 2020 - employee wages for the third JKP fortnight (totalling $1,500 per employee) need to be paid before the end of 10 May 2020 (this Sunday).

 

The ATO provides a useful summary of JobKeeper Payment key dates – click here

 


Please do not hesitate to contact your Lowe Lippmann Relationship Partner if you wish to discuss any of these matters further.