The JobKeeper Payment extension has now been registered for eligible businesses and not-for-profits until 28 March 2021.
The changes take effect from 28 September 2020 and will see the introduction of tier 1 and tier 2 JobKeeper Payment rates for the periods:
• 28 September 2020 to 3 January 2021
• 4 January 2021 to 28 March 2021.
JobKeeper Payment rates for employees will change based on the total hours worked during their reference period.
To be eligible for the JobKeeper extension, you must satisfy the decline in turnover test. Your GST turnover for the quarter ending 30 September 2020 (July, August and September) must have declined by 30% in comparison to your GST turnover for the quarter ending 30 September 2019.
To claim JobKeeper after 28 September 2020, you must:
• nominate the rate you are claiming for each eligible employee and business participant
• demonstrate a decline in actual GST turnover relative to a comparable period.