The Councils of Social Service Network partnered with Professor David Gilchrist and Thomas Emery (University of Western Australia) to develop resources on JobKeeper Payment applicability and accounting for not-for-profit organisations and charities.
These resources provide further clarity around key questions such as:
- Eligibility of your organisation for the JobKeeper payment
- Documentation required as part of ATO compliance
- Whether to make use of the option to exclude government revenue from the JobKeeper turnover test
The enrolment deadline for the JobKeeper scheme has been extended to 31 May 2020 (although organisations must still commence payments in the first week of May).
The information provided is general, and we strongly recommend you contact your accountant or BAS agent to discuss your specific scenario and options.
The COSS Network cannot advise if you are eligible or if your organisation should apply. We hope you find these resources helpful.