The JOBKEEPER Payment Scheme comes with its own set of rules that business owners and managers will need to know and understand and apply…

The “Worker’s Compensation and Rehabilitation Act, 2003” will be one of the key factors in deciding how JOBKEEPER payments should be treated for reporting purposes. Will JOBKEEPER Payments be considered “Declarable Wages” and how will your WORKCOVER arrangements be affected? We hope the following discussion and examples will help to put your mind at ease.

Will JOBKEEPER payments affect my WORKCOVER Premium?

In general terms, the answer is “No.” The WORKCOVER people will be exercising judgement and taking steps to ensure that all Queensland Employers are treated fairly and equally, by not considering JOBKEEPER payment amounts for the purpose of premium calculation.

WORKCOVER considers that when these amounts are paid to workers, they are in the nature of a top up or subsidy payment and NOT a payment for work done.

This applies when workers have been stood down without pay, or when the workers are receiving a top up to enable the Employer to access JOBSEEKER Scheme payments. These amounts will not be regarded as “Declarable Wages” either.

What about payments to workers who are still engaged by the business?

Where the Employer is continuing to engage the services of the workers, the wages paid for labour, services or personal exertion will still need to be declared. This applies even when the wages are then subsidised by JOBKEEPER payment amounts received by the Employer.

What happens when the worker’s wages are less than the JOBKEEPER amount?

Some eligible Employers will need to “Top Up” workers’ wages to enable them to meet JOBKEEPER Scheme minimum measurements. In that situation, only the amount of the worker’s wages needs to be declared. Top up amounts, as part of the JOBKEEPER Payment Scheme, do not need to be declared.

What happens when the worker’s wages are more than the JOBKEEPER amount?

In this situation, the Employer pays his worker whatever is the full amount currently being earned and then receives the JOBKEEPER subsidy of $1,500. The full amount paid to the Employee is regarded as Wages in this case.

The circumstances being discussed here are representative of some of the more common situations that Your Business might fit into. It goes without saying that Your Business will be subject to its own individual set of considerations and conditions.

That’s why you need to call or email Alan and his INVISION Team for Tailor-made advice that will fit snugly around the characteristics that apply specifically to Your Business, its people and products and services.


Contact Invison Bookkeeping today on (07) 3293 1436 or email us