Eligible sole traders must also:-
• be Australian citizens, the holder of a permanent visa or a 444 visa holder as of March 1, 2020;
• be residents for Australian tax purposes as of March 1, 2020;
• not already be receiving JobKeeper payments from another employer;
Sole trader structured firms with employees will be eligible to receive one JobKeeper payment for the director and other payments for eligible employees.
My business is a partnership, what about me?
Businesses operating through partnership structures can only nominate one partner to receive the JobKeeper payment.
My business is a company, and I am a shareholder.
Where shareholders provide labour to the company but receive dividends in lieu of wages, Treasury says one shareholder can be nominated for JobKeeper.
Payments will be made monthly to a nominated bank account. Other than the points listed above, the same eligibility criteria apply to sole traders, partnerships and companies as other businesses regarding turnover decline and ATO discretion.