If you qualify for the Government JobKeeper payments, it is important you update your payroll software so you can provide the Australian Taxation Office (ATO) with the information required in the correct format. If you process your payroll as normal or incorrectly there’s a chance your JobKeeper payments could be delayed or missed altogether.
Businesses using Single Touch Payroll (STP)-enabled payroll software that has been updated with JobKeeper functionality should now be able to identify their eligible employees and update the ATO directly through their software.
In most cases, JobKeeper is classed as an allowance for payroll purposes.
We have provided guidance from the following payroll software to help you start processing your JobKeeper payments.
If you have any questions please give our software experts a call: