Quality Accounting is looking at moving back into the office following the COVID-19 enforced closure. However, we would like to introduce some guidelines to help keep both staff and clients safe. We would like everyone to:
Please do not visit the office if you are feeling unwell, or if a close associate has recently suffered from illness.
Encourage you to phone before visiting so we know to expect you and can limit the number of visitors at any one time.
Limit visitors to 2 in the reception area at one time.
Please maintain an appropriate social distance within the building.
Please do not be offended if we don’t shake your hand, we would like everyone to stay healthy!
Please use the hand sanitisers provided.
We will be cleaning office surfaces regularly.
Please be understanding.
With these measures in place, Quality Accounting looks forward to opening the doors again on the 1st of June 2020.
Proposed September changes to JobKeeper
In September there will be changes to JobKeeper that will affect both the amount of the JobKeeper benefit and accessibility to it. The JobKeeper program itself will continue, with diminishing benefits, for another 6 months, through to 28th March 2021.
To continue receiving JobKeeper from September, a JobKeeper recipient will need to demonstrate a continued decline in turnover during the previous two JobKeeper quarters. To receive payment through to the program’s conclusion in March, the turnover decline will need to be for the previous three JobKeeper quarters.
The JobKeeper payment will no longer be the same for all employees, with two tiers being introduced for Full-time and Part-time employees (Part-time: working less than 20 hours per week). Also, the JobKeeper payment will decline in value over the Third and Fourth quarters to 28th March. For the Third JobKeeper quarter the benefit will be $1200 for Full -time workers and $750 for Part-time. For the Fourth quarter it will reduce to $1000 for Full-time and $650 for Part-time workers.
The Coronavirus supplement to Jobseeker are also being wound back in September, from $560 per fortnight to $250 per fortnight. Other changes to JobSeeker will be the re-introduction of mutual obligation for recipients, and in increased income threshold.
Tax time scams
The Australian Tax Office has put out a warning about the number of tax time scams on SMS and email this year. There has been a marked increase in scam messages and emails purporting to be from the ATO, MyGov or other government department websites this year. If you are unsure of a message’s validity do not click on any links or provide information. Make contact with the organisation through verified links or contact points if you think the message may be valid.
Not yet enrolled in JobKeeper
If you are a sole trader or a business it is not too late to enrol in JobKeeper. If your business/employer has not yet enrolled in JobKeeper because it was ineligible in April or May, the business may be eligible for JobKeeper for June, July, August or September.
The guideline states: If you are enrolling and identifying your employees and business participant for the first time after May, you must complete Steps 1 and 2 in the month you wish to claim for.
- Step 1: Enrol for the JobKeeper payment
- Step2: Identify you eligible employees
For the month/s you intend to claim the JobKeeper payment you must pay your eligible employees at least $1500 (before tax) per fortnight to be eligible for the JobKeeper payment.
For more information visit: https://www.ato.gov.au/general/jobkeeper-payment/ or,
make an appointment to see your QA advisor: 02 6658 1655.
Key Dates: Your monthly JobKeeper declaration is due soon
- By 14 June: complete Step 3: Make a business monthly declaration for May.
- By the 14th of each month: complete Step 3: Make a business monthly declaration to claim JobKeeper payments for the previous month.
Estimated Dates of JobKeeper Payments
We have had several enquiries about when the JobKeeper reimbursement of employers and sole traders may occur. There is no definitive timetable, so we have made an estimate from the available information, assuming you have completed your on-going JobKeeper obligations.
If you have enrolled for JobKeeper payments for the April fortnights by now you should have received your first reimbursement from the Commonwealth. Please see the table below for when we estimate JobKeeper subsequent payments to occur.
|Example of amounts paid to employers and sole traders|
|Payment Date||Amount per employee||Estimated payment start date/s*|
(for fortnights starting 30 March and 13 April)
(for fortnights starting 27 April and 11 May)
(for fortnights starting 25 May and 8 June)
(for fortnights starting 22 June and 6 July)
(for fortnights starting 20 July, 3 August and 17 August)
(for fortnights starting 31 August and 14 September)
*Estimate only, based on previous payment period.
If you have not yet received a JobKeeper payment, nor heard from the ATO, or are having other issues with JobKeeper, Quality Accounting may be able to help. Please request an appointment through the website, https://qualityaccounting.com.au/ or call on, 02-6658 1655
Australian Tax Office JobKeeper home page
ATO JobKeeper guides
A good overview of your steps and obligations when registering for JobKeeper.
For employers using the single touch payroll(STP) system.
For employers not using the single touch payroll(STP) system.
For Sole Traders
Additional information regarding JobKeeper eligibility for Sole Traders, Partnerships and Trusts
Other COVID-19 related links
Rental Code of Conduct for commercial tenancies effective from 3rd April 2020
NSW small business COVID-19 grant of up to $10,000 - closes June 30th 2020
This link has the eligibility criteria attached and apply online button at the bottom. Be aware, businesses will not be able to save and resume their application, therefore they should be prepared with required documentation, including proof of identification, before launching the online form.