There have been some key date changes in relation to the upcoming lodgements for JobKeeper declarations.
Wage condition for JobKeeper Fortnight 20
For JobKeeper Fortnight 20 (21 December 2020 to 3 January 2021), the ATO is allowing employers until Monday 4 January 2021 to meet the wage condition for their eligible employees or business participant.
Business monthly declarations for JobKeeper Fortnights 18, 19 and 20 are now due 28 January 2021
Employers can complete their business monthly declaration from 4 January 2021. The ATO will continue to process monthly declarations to reimburse employers for December payments past the 14 January 2021 due date. These are now due by 28 January 2021.
Meeting the wage condition for JobKeeper Fortnights 21 and 22
For the JobKeeper Fortnights 21 and 22 (starting 4 January 2021 and 18 January 2021), the ATO are allowing employers until 31 January 2021 to meet the wage condition for their eligible employees or business participant. This is to make sure that employers have paid their eligible employees before claiming JobKeeper payments in their February monthly business declarations.
JobKeeper extension two
JobKeeper Extension two covers the JobKeeper Fortnights between 4 January 2021 and 28 March 2021. To claim JobKeeper payments for this period, employers will need to show that their actual GST turnover has declined. Eligible employers will be able to submit their decline in turnover form for JobKeeper extension two from 4 January 2021 to 28 March 2021. This new decline in turnover form must be submitted before existing eligible employers can complete their business monthly declarations from 1 February 2021.
To read more about these date changes click here.
Otherwise, if you would like to discuss any of the above date changes, please contact the Halpin Partners team on (07) 4052 0800.