JobKeeper Specifics Webinar Recording

The JobKeeper legislation and rules are out and are active. And importantly, advisers only have days and weeks to be across it all. Your clients will look to you to assist them and alert them to issues they may not have thought about.

April is a key month for registration and there will be steps that clients need to take in the following months to ensure they continue to be eligible for JobKeeper payments from the ATO.

You need to get these steps right.

This webinar answers the questions the profession is asking, explores the registration issues and defines the monthly reporting process.

Employer registration – selecting the right test period
Alternative turnover tests
Registering if there are some uncertainties on client information
The questions to resolve:
- Can an ineligible employee become eligible during the life of the scheme?
- Labour hire firms - what is the position?
- Service entities - what is the position, and what happens when one entity is eligible and the other isn't?
- Which entities can register from the start of the scheme and which entities will need to register later in the year?
- How to deal with an entity that is not registered for GST?
- Cash vs accruals, what to use and when
- Relying on the Commissioner's discretion for meeting certain conditions at 12 March 2020
- How to ensure the SG obligations are satisfied
- Making sure non-employee business owner situations are reported and managed correctly

A review of the key monthly reporting requirements
- Knowing your GST turnover within two days of month end
- Alignment with BAS reporting
- Tensions with June 30 tax planning
- How to develop Projected GST Turnover in advance
- Testing for changes in employee eligibility
- Registering an employee for the first time during the life of the scheme
- Client confirmation of monthly reporting data

FPA Accreditation: 21342
ASIC Financial Planning: 1.75 hours, ASIC Taxation: 0.25 hours FASEA Technical Compliance: 1.5 hours, FASEA Regulatory compliance and consumer protection: 0.50 hours

Karen Vella

Trainer, TaxBytes

Karen understands how to translate complex issues into practical, everyday solutions for her audience.

She has ‘been there and done that’, having trained with the Big Four, initiated her own successful practice before moving to a partnership with Hayes Knight, then solidifying her role as an educator at Webb Martin (Kaplan) before working with the specialist in-house training company TaxBytes.

She has worked her magic on leading accounting practices across the country, the professional bodies and Knowledge Shop.

How to access the recording

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- Register and we will contact you to organise login details for your nominated staff members (generally within 24 - 48 hours).
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Your recording will be available for 3 months from the date of purchase and can be viewed as many times as the registered person likes within those 3 months. Once watched, your PD hours will be recorded on the personal profile of the participant.

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All registrations to Knowledge Shop events are subject to our terms and conditions which include a cancellation policy. No refunds are available for webinar recordings once the Knowledge Shop IQ platform has been accessed. Refunds are only possible if the webinar recording has not been accessed.