Did you receive JobKeeper this financial year?
Did you receive JobKeeper this financial year?
Job Keeper payments are taxable, so you need to include them in your tax return.
If you’re a sole trader, partnership, company or trust that’s received Job Keeper payments, we’ll contact you or your registered tax agent by early July to let you know:
- the total amount of JobKeeper payments your entity received since 1 July 2020, or where you can find out
- where to report JobKeeper payments in your tax return.
From early July, sole traders who’ve received Job Keeper payments for themselves and any eligible employees will also be able to find the total amount of Job Keeper payments they’ve received through Online services for business and my Tax. Their registered tax agent will also get this information.
The amount will be provided as ‘information only’ and will not be mapped to a label.
Here are some important points about including Job Keeper payments in your return:
- You don’t need to include any Job Keeper payments that you’ve already repaid (or are repaying to us) in your return.
- You should review and cross-check the payment amounts against your own records to make sure they’re accurate.
Remember, registered tax agents can help you with your tax.
Find out about:
- Supporting your small business – for information on where to report JobKeeper payments
