What is the JobKeeper Payment?
It’s a payment intended to help businesses
and not-for-profits retain employees during the COVID-19 pandemic.
JobKeeper has been extended from 28 September
2020 until 28 March 2020. It will remain for businesses and not-for-profits
most significantly impacted, payment rates will be stepped-down and there will
be two tiers of payment over that period. Your eligibility will be assessed
with reference to your actual turnover.
Further changes were
announced on 7 August 2020 to adjust the reference date for determining
employee eligibility and make it easier for organisations to qualify for the
JobKeeper Payment extension.
For more information about the JobKeeper extension, visit treasury.gov.au.
How do I know if my business is eligible for the JobKeeper payment?
To qualify for the extension from 28 September to 3 January, you need to reassess your eligibility and demonstrate that your business meets the relevant continuing decline in turnover test for the June and September quarters 2020.
Further reassessment will be required in January 2021 to show you have met the relevant continuing decline in turnover test to receive JobKeeper for the March 2021 quarter.
For more information about the payment, visit treasury.gov.au.
To register your interest for the JobKeeper Payment, visit ato.gov.au.
What should my employees do if they applied for the JobSeeker Payment when they were stood down?
Your employees will need to contact Services Australia let them know they’re receiving income from you.