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Sole trader and payg employee

Initiate

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The ato eligibility rules say a sole trader (trust) is not eligible business participant if they are a PAYG employee in the business.

 

I don't understand why that is. I was previously a trust beneficiary but switched to PAYG this FY. 

 

Am i missing something?

 

Or do you just apply as a business/employee in this scenario?

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Devotee

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The entity, not the eligible business participant, receives the JobKeeper payment. Sole trader is the exception and receives the payment themselves because they are the business entity. If you're an employee, the trust will need to nominate you. https://www.ato.gov.au/General/JobKeeper-Payment/Sole-traders/

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Most helpful response

Devotee

Replies 0

The entity, not the eligible business participant, receives the JobKeeper payment. Sole trader is the exception and receives the payment themselves because they are the business entity. If you're an employee, the trust will need to nominate you. https://www.ato.gov.au/General/JobKeeper-Payment/Sole-traders/