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JobKeeper Payments for Business Owners

If you process your wages through payroll, then you may be eligible for JobKeeper just like any other employee would be. If that is the case, then the following may not interest you. If your business has suffered a 30% decline in turnover, then the following is for you. As an owner of a business (sole trader, partner, director, or beneficiary), who is not also an employee of the business, you may be considered an “Eligible Business Participant” (EBP) for the purpose of claiming JobKeeper. To be an EBP, you must not have other full-time (FT) or part-time (PT) employment at 01 March 2020. FT or PT employment takes precedence to being an EBP, and you will only be able to receive JobKeeper through your FT or PT employment. This is the case even if your FT or PT employment does not participate in the JobKeper program. If you had FT or PT employment at 01 March 2020 then you cannot be an EBP. You may need to apply for JobSeeker through Centrelink if that employment ended after 01 March 2020. If you have casual employment, you may still receive JobKeeper as an EBP, but you must choose which entity you would like to receive JobKeeper from (ie. from...

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KT Associates are turning 20! Buy a raffle to enter the draw to win prizes over...

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