What businesses need to know about the JobKeeper extension.
The JobKeeper Payment scheme has been extended until 28 March 2021.
There are key dates for employers and simple steps they should take. From 28 September until 4 January, employers need to pay their eligible employees a different JobKeeper payment rate, depending on the number of hours they worked over a specific time period.
If you’re an employer already getting JobKeeper you don’t need to re-enrol. You do need to let the ATO know who your eligible employees are and what JobKeeper rate you are paying them as part of your normal payday reporting in October 2020. This can easily be done through Single Touch Payroll.
Employers can still nominate new eligible employees. If you are applying for JobKeeper payments for new employees for the first time you need to let the ATO know.
Employers need to show that their actual GST turnover has declined in the September 2020 quarter relative to a comparable period. This needs to be done before 31 October 2020. Alternative tests for determining actual decline in turnover are available and the ATO encourages businesses to get help if needed.
Key dates to remember:
Further information, support, and detailed information about JobKeeper in English can be found here.
In-language information, including short videos for employers and sole traders, can be found here.
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