JobKeeper has now been extended from 28 September 2020 to 28 March 2021.
From 3 August 2020, permanent employees employed as at 1 July 2020 and long-term regular and systematic casuals with 12 months’ service as at 1 July 2020 will be eligible to receive JobKeeper payments. Eligible employees must be aged 18 years or older as at 1 July 2020 or 16 or 17 years old as at 1 July 2020 if they are independent and not undertaking full-time study
Employer eligibility: basic test
– No changes to decline percentages (30%, or 50% if turnover $1 billion+, 15% if a registered charity).
– To be eligible from 28 Sept to 4 Jan 2021, businesses need to measure the decline in actual GST turnover for the and Sept 2020 quarter against comparable 2019 periods.
– To be eligible from 4 Jan to 28 March 2021, businesses need to measure the decline in actual GST turnover for the December 2020 quarters against comparable 2019 periods.
– These new rules now require businesses to demonstrate that they have suffered an ongoing significant decline in turnover using actual GST turnover, rather than projected GST turnover.
From 28 September the payment rate will be reduced in stages with two payment rates introduced.
To meet the 20+ work hours test and qualify for the higher payment rate, eligible employees need to have worked in the business or NFP for 20 hours per week on average in February 2020 (the 4 weeks before 1 March 2020).
For those eligible employees who worked less than 20 hours per week on average during that period, the lower rate will apply
|20+ Work Hours||Under 20 Work Hours|
|28 Sep 2020 – 3 Jan 2021||$1,200||$750|
|4 Jan 2021 – 28 Mar 2021||$1,000||$650|
Click to view the Government’s extension fact sheet