CHANGES TO JOBKEEPER FROM 28 SEPTEMBER 2020

We confirm that the Government has extended the JobKeeper Payments by a further 6 months to March 2021. Please note the following changes:

Changes to Employee Eligibility 

Employees that meet the eligibility requirements can now be nominated by a new employer if their original employment with a JobKeeper employer ended before 1 July 2020.

Extension of JobKeeper Payments

These changes take effect from 28 September 2020

  • The required fall in GST turnover percentages remain the same
    • 30% for an aggregated turnover of $1 billion or less
    • 50% for an aggregated turnover of more than $1 billion
    • 15% for ACNC-registered charities other than universities and schools
  • There is now a tier 1 and tier 2 Jobkeeper rate
  • Tier 1 rate applies for:
    • Eligible employees who worked for 80 hours or more in the four weeks of pay periods before either 1 March 2020 or 1 July 2020, and
    • Eligible business participants who were actively engaged in the business for 80 hours or more in February 2020.
  • Tier 2¬†rate applies for other eligible employees and business participants

Employers and businesses will need to nominate the rate they are claiming for the eligible employees and/or eligible business participants

Please contact our office on 07 5585 0600 if you require any assistance.