Financial Dynamics

Eligible Business Participant Declaration


Use this form to record that you have agreed to be nominated as an eligible business participant by an eligible entity or a eligible sole trader under JobKeeper 2.0

Your eligible business can only nominate to receive JobKeeper payments for you with your agreement. This form allows you to record that you have provided that agreement. You must also specify that you:

  • are not employed by another employer (other than as a casual)
  • meet all the eligibility requirements for nomination
  • have not given a nomination notice to another business, employer, religious institution or the Commissioner.

Important

  • If you have not returned a completed form to your eligible business, it cannot receive JobKeeper payments for you. Complete this form as soon as possible to ensure the business is eligible to receive JobKeeper payments for you.
  • Only one business, employer or religious institution can receive the JobKeeper payment for you. If you work in multiple businesses or also work as a religious practitioner, you need to choose one business/religious institution that will receive the JobKeeper payment. If you are employed by another employer (other than as a casual), you cannot receive JobKeeper payments through a business, but you may be an eligible employee for that employer to receive JobKeeper payments for you.
  • If you have already agreed for another business, employer or religious institution to receive JobKeeper payments for you, do not complete this form.
  • An eligible business can only nominate one participant (who is not an employee) to receive JobKeeper payments for.
  • From 28 September, the JobKeeper payment rate assigned to your nomination as an eligible business participant will depend on whether you were actively engaged in the eligible entity’s business for at least 80 hours during your reference period.

What is the JobKeeper payment?

Under the JobKeeper payment, businesses impacted by the Coronavirus (COVID-19) are able to access a subsidy from the government to continue paying their employees. Affected employers, businesses and religious institutions are able to claim a fortnightly payment per eligible employee, per eligible religious practitioner, or for one eligible business participant from 30 March 2020 until 28 March 2021.

From 28 September, the JobKeeper payment rate assigned to your nomination as an eligible business participant will depend on whether you were actively engaged in the eligible entity’s business for at least 80 hours during your reference period (Generally February 2020).

Part A - Business Details

Eligible Business Name:

Eligible Business ABN:  

Part A - Business Participant

Name of declarant:

On 1 March 2020 were you at least 16 years of age?  

If you answered NO, you are not eligible for JobKeeper payments.

Part B - Eligible role

At 1 March 2020, and for the fortnight, you were either:

  • sole trader
  • a partner in the partnership
  • an adult beneficiary of the trust
  • a shareholder in, or director of, the company that carries on the business of the entity named in Part A.

Part B - Hours of engagement

Were you actively engaged in the eligible business for 80 hours or more in your reference period (generally February 2020)?  

Declaration
By submiting and signing the form:

  • I declare that the information provided is true and correct, and
  • I am authorised to and give Financial Dynamics the authority to provide this information to the Commissioner of Taxation on behalf of the business detailed above, and
  • I have an eligible business which has met the required JobKeeper Payment test requirements, and
  • I agree that I meet the eligibility requirements listed above, and
  • I confirm that I have not agreed to be nominated by any other employer, business or religious institution, and have not given another entity, or the Commissioner a nomination form for the purpose of this scheme, and
  • I understand that, if this declaration is submitted after the nominated due date above, my business' JobKeeper reporting requirements may not be processed resulting in your ATO reimbursement being lost.

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Signature Certificate
Document name: Eligible Business Participant Declaration
lock iconUnique Document ID: edc2515da205f86fd117a1360d2ba47d7b2c187b
Timestamp Audit
25 September 2020 2:39 pm AEDTEligible Business Participant Declaration Uploaded by Financial Dynamics - BrettM@financialdynamics.com.au IP 61.69.91.94