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Job Keeper Extension

Tuesday, September 15, 2020

JobKeeper Extension 1 – commencing 28th September
There are two separate extension periods
28th September – 3 January 2021
4th January – 28 March 2021
Businesses will need to apply a new turnover test to determine their eligibility for each extension period.
The basic test for the first period is to compare the current Jul-Sep 2020 GST turnover against the GST turnover reported Jul-Sep 2019.
Alternative tests are also available.
The JobKeeper payment rates and eligibility will also change.
There are now two tiers of payments available for eligible employees and business participants.
Tier 1 – Payment of $1200 per fortnight for
employees who worked for at least 80 hours in the four weeks of pay periods before either 1 March 2020 or 1 July 2020
eligible business participants who were actively engaged in the business at least 80 hours in February and provide a declaration to confirm this.
Tier 2 – Payment of $750 per fortnight for
any other eligible employee or business participant
If you are already receiving JobKeeper you do not need to re-enrol again.
The JobKeeper scheme is open to new participants if they meet the eligibility criteria for the relevant period.
jobkeeper extension

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