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πŸƒ JOBKEEPER 2.0 KEY DATES πŸƒ


πŸƒ JOBKEEPER 2.0 KEY DATES πŸƒ

The Jobkeeper extension started on 28 September. Below are some key dates in the delivery of the scheme:
πŸ“Œ From 28 September the JobKeeper extension starts and the payment rates change for your eligible employees, based on the total hours each employee worked during their reference period. You will need to pay your eligible employees at least the JobKeeper amount that applies to them each JobKeeper fortnight. This will be $1,200 per fortnight (Tier 1) or $750 per fortnight (Tier 2) before tax.
πŸ“Œ Between 1 and 14 October complete your October JobKeeper monthly business declaration to be reimbursed for payments you made in September.
πŸ“Œ Between 1 and 31 October determine and submit your decline in turnover for the September 2020 quarter through our online systems.
πŸ“Œ Up to 31 October for JobKeeper fortnights 14 and 15 (starting 28 September 2020 and 12 October 2020) only, you have until this date to pay each of your eligible employees at least the JobKeeper payment rate that applies to them.
πŸ“Œ Between 1 and 14 November complete your November JobKeeper monthly business declaration to be reimbursed for payments you made in October – tell us which payment tier you are claiming for each eligible employee or business participant.

If you are already receiving JobKeeper payments for your eligible employees or business participant, you don’t need to do anything different until 28 September 2020 or re-enrol. The ATO have updated their website to provide alternative bases for satisfying both the decline in turnover and actual decline in turnover tests in qualifying for the JobKeeper extension. Eligible businesses and not-for-profits can enrol at any time until the program closes.

If you need any assistance with managing Jobkeep, please contact us!
(Source: https://www.ato.gov.au/Business/Business-bulletins-newsroom/General/JobKeeper-extension-key-dates/)