WELCOME
Welcome to our special edition of the StewartBrown newsletter where we keep you informed and updated with the latest tax and Government assistance package developments as they arise. This newsletter outlines the JobKeeper package from the employee’s perspective.
JOBKEEPER OVERVIEW
The JobKeeper payment supports businesses significantly affected by coronavirus (COVID-19) by helping with the costs of their employees’ wages, so more Australians can retain their jobs and continue to earn an income.
If you are an employee your employer will notify you if they intend to claim the JobKeeper fortnightly payment of $1,500 on your behalf. You will not be paid the JobKeeper payment by the ATO. The payment comes from your employer who is later reimbursed by the ATO. Tax will be withheld from the payment so you may receive less than $1,500 in your bank account.
StewartBrown ABN: 63 271 338 023
Level 2, Tower 1, 495 Victoria Avenue Chatswood, NSW, 2067