Reporting your JobKeeper Payment income
14 August 2020
If you get an income support payment from us you need to report any income you get. This includes money your employer pays you through JobKeeper Payment.
JobKeeper Payment supports businesses significantly affected by coronavirus (COVID-19). If your employer is eligible, they may get a wage subsidy for you. They’ll pay it to you as part of your usual wages.
Why you need to report your JobKeeper income
If you get an income support payment, you need to report any income you or your partner have earned each fortnight. If you don’t, we may pay you too much and you’ll have a debt to pay back.
Calculating JobKeeper income in each reporting period
The JobKeeper income you get each fortnight is known as the JobKeeper fortnight. Your JobKeeper fortnight and your Centrelink reporting period probably won’t be the same.
You’ll need to work out how many days you get JobKeeper income in your Centrelink reporting period. This is so you can report your income correctly.
To help you work this out, check with your employer what JobKeeper fortnight they are paying you for. You can also find a list of JobKeeper fortnights on the Australian Taxation Office website.
How to report JobKeeper back pay from your employer
If you get JobKeeper back pay from your employer, you need to report this. You’ll need to work out which Centrelink reporting periods your employer paid you JobKeeper income. You may be able to report using:
You’ll need to call us on your regular payment line if any of these apply:
- your back pay is for more than 12 weeks
- you can’t update your employment income online
- you’re not sure how to report your back pay.
If you’re a sole trader or self employed
If you’re a sole trader or self employed, you must report JobKeeper Payment as business income. You’ll have to submit an updated Profit and Loss statement if there’s a change to your overall business profit.
If you don’t do this, you may owe us money that you’ll need to pay back.
Stay up to date
You can read more about:
If you or your partner get income from JobKeeper Payment, you must report it to us if you also get an income support payment.
We explain the difference between JobSeeker Payment and JobKeeper Payment.
Page last updated: 8 September 2020
This information was printed 18 September 2020 from https://www.servicesaustralia.gov.au/individuals/news/reporting-your-jobkeeper-payment-income. It may not include all of the relevant information on this topic. Please consider any relevant site notices at https://www.servicesaustralia.gov.au/individuals/site-notices when using this material.