This involves a 2-step process:
Step 1 – Enrolment: From 20 April 2020, self-employed persons can ‘enrol’ with the ATO for the JobKeeper payment using the Business Portal and authentication with your myGovID. This must be processed by the end of April 2020 in order to claim thee JobKeeper payment. Set up your myGovID to access online services and Relationship Authorisation Manager (RAM) https://www.ato.gov.au/general/jobkeeper-payment/employers/enrol-and-apply-for-the-jobkeeper-payment/
Alternatively – If you wish for VCA to process the enrolment on your behalf, please contact our office and be armed with the following information:
- Confirmation that your turnover has declined.
- Confirmation of the month that turnover declined.
- Bank account details (Name, BSB & Account Number) into which the JobKeeper payment is to be credited.
Step 2: From 4 May 2020, confirmation of eligibility for the JobKeeper Payment will become available via the Business Portal and authentication with your MyGovID or by utilising our office to process the same on your behalf.
Thereafter each month, you will need to reconfirm your self-employed entitlement through the ATO online services, the Business Portal or via your registered tax agent. You do not need to retest your reported fall in turnover, but you will need to provide some information as to your current and projected turnover. This will be done in your monthly JobKeeper Declaration report.
For assistance contact our office on 07 3221 9444 or email email@example.com
Date of Issue: 20 April 2020 Author: Noé Vicca
Disclaimer: The contents herein are intended for general information only and should not be construed as legal or accounting advice. Vicca Chartered Accountants Brisbane bears no responsibility for any loss that might occur from reliance on information contained in this publication. Please do not reproduce, transmit or distribute the contents herein in any form without prior permission from Vicca Chartered Accountants, Taxation Accountants Brisbane Australia.