Despite the significant upside, one of the enduring criticisms of JobKeeper since it was announced has been the short time-frame for businesses to assess and act to ensure compliance with the entitlement requirements. Recognising the unnecessarily onerous burden of two deadlines in particular, the Australian Taxation Office (ATO) has announced extensions to both the time to enrol for the scheme, and the time to complete top-up payments for employees (where required).

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Under the South Australian State Government package, small businesses affected by the pandemic which employ people in South Australia can apply for a $10,000 grant to support their ongoing operations.

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If you're an employer that meets the eligibility criteria, you must apply for the payment in April to receive it in the first week of May. Further, you must also ensure that all eligible employees have received at least $1,500 per fortnight by the end of this month. That's not a lot of time!

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The good news is that the legislation governing the new measures made it through Parliament on 8th April. The bad news is that it is little more than a framework that allows for the rules of the scheme to be developed and enforced by the Treasurer and the Australian Taxation Office (ATO), so that means the situation continues to evolve as the rules are developed and released.

You can read the full version here.