Watch our Live recording on the JobKEEPER Payment

Update: Extension of the JobKeeper Payment

The JobKeeper Payment:

  • You can enrol at any time until the program closes
  • Pay your eligible employees $1,500 per fortnight (before tax) until 27 September 2020
  • Complete your monthly business declarations

 

Changes to employee eligibility:

  1. 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.
  2. As of 3 August 2020, the key date for assessing employee eligibility is now 1 July 2020, rather than 1 March 2020
  3. For the fortnights commencing on 3 and 17 August 2020, employers have until 31 August 2020 to meet the wage condition for new eligible employees under the 1 July eligibility test

 

Once legislated, these changes take effect from 28th September 2020

  • The required fall in GST turnover percentages will remain the same 
      • 30% for an aggregated turnover of $1 billion or less
      • 50% for an aggregated turnover of more than $1 billion
      • 15% for ACNC-registered charities other than universities and schools
  • There will be a tier 1 and a tier 2 Jobkeeper rate
  • Tier 1 rate applies for: 
      • eligible employees who were working for 20 hours or more a week on average in the four weeks of pay periods before either 1 March 2020 or 1 July 2020, and
      • eligible business participants who were actively engaged in the business for 20 hours or more per week on average
  • Tier 2 rate applies for other eligible employees and business participants
  • Employers and businesses will need to nominate the rate they are claiming for the eligible employees and/or eligible business participants.

 

Extension 1

28 September 2020 − 3 January 2021

You will need to demonstrate that your actual GST turnover has fallen in the September 2020 quarter (July, August, September) relative to a comparable period (generally the corresponding quarter in 2019)

 

Tier 1 rate will be

$1,200 per fortnight

Tier 2 rate will be

$750 per fortnight

     October

November

December

    January

Extension 2

4 January 2021 − 28 March 2021

You will need to demonstrate that your actual GST turnover has fallen in the December 2020 quarter (October, November, December) relative to a comparable period (generally the corresponding quarter in 2019)

 

Tier 1 rate will be

$1,000 per fortnight

Tier 2 rate will be

$650 per fortnight

  February

                       March

the JobKEEPER payment process in 3 steps 

If your business is affected by the coronavirus, you may be eligible to access the JobKeeper payment to assist you to be able to continue paying your employees.

STEP 2

Confirm employees on your business portal from the 04/05/2020

STEP 3

Receive payment from the ATO

notify your employees

ONGOING

Complete JOBKEEPER declaration report

Submit an ongoing monthly JobKeeper declaration report

NEED MORE ASSISTANCE?

The Kennerlys team is here to help

If you would like us to help complete the enrollment process for you and maintain your monthly JobKEEPER declaration report, we will need the following forms  completed and returned to our office.

The JobKeeper Payment Payroll Cycle

The JobKEEPER payment period commenced from Monday the 30th of March and will apply for 13 fortnights until Sunday the 27th of September 2020. 

Employers will require to notify the ATO (via a monthly declaration form) of the employees for which they wish to claim the JobKEEPER payment after the last day of the last full fortnight in the calendar month. 

Please see the table to the right, which outlines the payroll cycle given by the ATO.

Website JobKEEPER calandar landscape

Everything you need to know about the JobKeeper Payment

What Does Lejo Have To Say?

Listen to Dan and Lejo discuss the latest release info around the jobKEEPER program, the addition to the cashflow support stimulus package as well as some state government bonuses for those paying payroll tax, utility bills for small businesses and what the banks have on offer.

Want more information?

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Email Us

reception@kennerlys.com.au

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37 Ord St, West Perth WA 6005