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December 14, 2020

Jobkeeper 2.0

The JobKeeper Payment scheme has been extended to 28th March 2021.

Eligible businesses will need to satisfy the actual decline in turnover test when the current GST turnover for the quarter ending 31st December (the months of October, November and December) have declined by the specified percentages (15%, 30% or 50%).

Applicants must also satisfy the original decline in turnover test:

  • If already entitled to JobKeeper before 28th September 2020, the original decline in turnover test has been satisfied
  • If enrolling in JobKeeper after 28th September 2020 and the applicant satisfies the actual decline in turnover test, the original decline in turnover test has been satisfied

The rates of the JobKeeper payment in this period will be:

Tier 1 – $1,000 per fortnight (before tax)

Tier 2 – $650 fortnight (before tax)

If you have any questions in relation to Jobkeeper please call our office on 9387 5637 and we will be able to assist you.

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