1. Monthly JobKeeper claims for payment are now live and will need to be completed before the May payment will be received
The form can be lodged via the ATO Business Portal OR through C&J as your Tax Agent (please note that a fee of $200 ex GST will apply for your minimum claim of $3,000 per employee/Business Participant).
You need to submit your monthly declaration for payment between 1st & 14th June for the month of May.
To make your business declaration each month:
Log into the Business Portal using myGovID.
Reconfirm your eligible employees and business participant if you have them.
Provide your business' GST turnover for the month of May and estimate June projected GST turnover
NOTE: this is not a re-test of your eligibility for JobKeeper. It is a data gathering exercise by the ATO that allows them to monitor the integrity of claims. If you passed the 30% decrease in turnover test for March, March Quarter, April, May you are entitled to keep claiming JobKeeper until 27 September 2020.
2. NSW Small Business COVID-19 Support Grant - $10,000
Applications for grants remain open until Tuesday 30 June.
To be eligible for this grant, you must as at 1 March 2020:
be based in NSW
be a small business
be registered with an ABN
have an annual turnover of more than $75,000
be an employing business with less than 20 full-time equivalents (FTE), but more than the minimum employment requirement of 0.5 FTE
be able to report a payroll below the NSW 2019-2020 payroll tax threshold of $900,000