JobKeeper – Further Changes Announced

[vc_row][vc_column][vc_column_text]The Government has announced further changes to the JobKeeper Payment scheme. The changes are summarised as follows:[/vc_column_text][mk_padding_divider size=”20″][vc_column_text]

  • From 3 August 2020 the relevant date of employment for employees has moved from 1 March 2020 to 1 July 2020, thereby increasing the eligibility criteria for employees for both the existing JobKeeper scheme and the extended JobKeeper scheme.
  • From 28 September 2020, businesses are required to reassess their eligibility with reference to their actual GST turnover in the September quarter 2020 to be eligible for the JobKeeper payments from 28 September 2020 to 3 January 2021. Previously eligibility was determined by reference to a business’s June and September quarters.
  • From 4 January 2021, businesses are required to reassess their eligibility with reference to their actual GST turnover in the December quarter 2020 to be eligible for the JobKeeper payments from 4 January to 28 March 2021. Previously eligibility was determined by reference to a business’s June, September and December 2020 quarters.
  • All other aspects of the JobKeeper scheme (both original and extended schemes) remain the same as per our earlier alerts.

[/vc_column_text][vc_column_text]Should you wish to discuss any aspect of this change or any other matter currently impacting your business please contact us.[/vc_column_text][mk_padding_divider][vc_row_inner][vc_column_inner][vc_column_text]Link to updated Treasury Fact Sheet:[/vc_column_text][mk_button dimension=”flat” size=”medium” url=”/wp-content/uploads/2020/08/fact_sheet-jobkeeper_payment_extension.pdf” target=”_blank” margin_top=”10″ margin_bottom=”40″ btn_hover_bg=”#c4b097″]Click here[/mk_button][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]

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