JobKeeper now extended beyond September 2020
JobKeeper Payments will continue past September, but with changes in eligibility and rates
The Jobkeeper Payment is currently due to end on the 27 September 2020, but the Government has issued a media release extending payments for eligible employers until 28 March 2021. Further guidance will be issued in terms of eligibility. Below are some key points:
New Rates from 28 September 2020 to 28 March 2021:
|Date||Full rate per fortnight||Less than 20hrs worked per fortnight rate|
|28 Sep 2020 to 3 Jan 2021||$1,200||$750|
|4 Jan 2021 to 28 Mar 2021||$1,000||$650|
To remain eligible to receive JobKeeper Payments, from 28 September 2020, businesses will be required to provide their actual September quarter turnovers to demonstrate that they have suffered an ongoing significant decline in turnover. Businesses and not-for-profits will need to demonstrate that their actual GST turnover has fallen in the September quarter 2020 (July, August, September) relative to a comparable period (generally the corresponding quarter in 2019).
To receive the March 2021 JobKeeper Payment, Businesses and not-for-profits will need to demonstrate that their actual GST turnover has fallen in the December quarter 2020 (October, November, December) relative to a comparable period (generally the corresponding quarters in 2019).
If organisations do not meet the turnover test in the extension period this does not affect their eligibility prior to 28 September 2020.
Employee Eligibility Update
The reference date for assessing which employees are eligible for the JobKeeper Payment is now 1 July 2020 with effect from 3 August 2020. The reference period for employees regarding their hours worked to determine their tier of payment will be the two fortnightly pay periods prior to 1 March 2020 or 1 July 2020. The period with the higher number of hours is to be used for employees who were eligible at 1 March 2020.
Lastest JobKeeper Factsheet (published 07 Aug 2020): https://treasury.gov.au/sites/default/files/2020-08/Fact_sheet-JobKeeper_Payment_extension.pdf
Posted: Thursday, 23 July 2020 (updated 7 Aug 2020)