The Australian government has legislated a measure to boost cash flow for employers. However, the “payment” is not exactly a payment, which small to medium employers who intend to make this claim should be aware of.
The Australian Taxation Office has released its application for the early release of superannuation for individuals who have been impacted by Covid-19. An application of up to $10,000 can be submitted.
Undoubtedly, the information surrounding the government’s Jobkeeper payments can be overwhelming. So we have put the key dates and information into one space to clear any doubt.