The JobKeeper payment has been extended, to assist businesses continuing to be significantly impacted by the Coronavirus.
Below we break down the new eligibility criteria in relation to the scheme's extension.
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.
As of 3 August 2020, the key date for assessing employee eligibility is now 1 July 2020, rather than 1 March 2020.
The JobKeeper Payment has been extended
These changes take effect from 28 September 2020.
The required fall in GST turnover percentages remains the same as the original JobKeeper Program:
There are now 2 different tiers of payment rates in relation to the extension of JobKeeper.
Tier 1 rate applies for :
Tier 2 rate applies for other eligible employees and business participants.
Employees and businesses will need to nominate the rate they are claiming for the eligible employees and/or eligible business participants.
28 September 2020 – 3 January 2021
Tier 1 rate will be $1200 per fortnight
Tier 2 rate will be $750 per fortnight
4 January 2021 – 28 March 2021
Tier 1 rate will be $1000 per fortnight
Tier 2 rate will be $650 per fortnight
If you would like help in assessing your eligibility, please contact Darren, Shaun or one of the Halpin Partners Team on (07) 4052 0800.