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Jobkeeper Payments

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Newbie

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If an Employer continues to pay his employee his original pay of $1,100 a fortnight, totalling $2,200 a month. Would they lose their eligibility to receive the Jobkeeper payment if the Employer is unable to afford the $800 difference due to his decline in income. Is there any avaiable special consideration for this circumstance?

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Community Manager

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Hi @JA2,

 

Unforunately they will have to pay their employee $1,500 a fortnight to qualify for the payment. 

 

For the first two fortnights (30 March – 12 April, 13 April – 26 April), we will accept the minimum $1,500 payment for each fortnight has been paid by them even if it has been paid late, provided it is paid by the end of April. This means that  they can make two fortnightly payments of at least $1,500 per fortnight before the end of April, or a combined payment of at least $3,000 before the end of April.

 

They may wish to speak with their financial institution if they meet the eligibility criteria to see what options are available to them.

 

Thanks, NateH

1 REPLY 1
Highlighted

Best answer

Community Manager

Replies 0

Hi @JA2,

 

Unforunately they will have to pay their employee $1,500 a fortnight to qualify for the payment. 

 

For the first two fortnights (30 March – 12 April, 13 April – 26 April), we will accept the minimum $1,500 payment for each fortnight has been paid by them even if it has been paid late, provided it is paid by the end of April. This means that  they can make two fortnightly payments of at least $1,500 per fortnight before the end of April, or a combined payment of at least $3,000 before the end of April.

 

They may wish to speak with their financial institution if they meet the eligibility criteria to see what options are available to them.

 

Thanks, NateH