Payroll through Xero or MYOB
This is a reminder if you have already enrolled (or are planning to enrol) for the JobKeeper program from the start date of 30 March 2020.
An employer, registered with JobKeeper, needs to be aware that if April wages were paid before enrolling for JobKeeper, you may need to submit an updated JobKeeper file to qualify for JobKeeper funding. Accounting software will handle this differently so please check with your vendor.
If using Xero or MYOB , this would require you to process and file an unscheduled pay run (for eligible employees, with the earnings removed) by FRIDAY 8 MAY to receive JobKeeper payments in the relevant fornight(s).
If the business declaration on the ATO Portal does not correctly reflect the number of employees you have registered for JobKeeper, this may indicate that a JobKeeper file may need to be submitted.
If you have any questions in relation to the above please contact your Holman Hodge adviser. |