7th September 2020
JobKeeper Extended
7th September 2020
JobKeeper, which was originally due to finish on 27 September 2020, has now been extended to eligible businesses (including the self-employed) and not-for-profits until 28 March 2021.
Oct – Dec 2020:
- To be eligible, your business needs to have experienced a 30% decline in actual turnover in the September 2020 quarter (July, August & September) when compared with the September 2019 quarter.
- Not-for-profits need to have experienced a 15% decline in turnover in the same time period
- JobKeeper payments will be reduced to $1,200 per fortnight per person or $750 per fortnight for staff who worked less than 20 hours per week in your business in February 2020.
Jan – Mar 2021:
- To be eligible, your business needs to have experienced a 30% decline in actual turnover in the December 2020 quarter (Oct, Nov & Dec) when compared with the December 2019 quarter.
- Not-for-profits need to have experienced a 15% decline in turnover in the same time period.
- JobKeeper payments will be reduced to $1,000 per fortnight per person or $650 per fortnight for staff who worked less than 20 hours per week in your business in February 2020.
JobKeeper payments will remain open to new recipients provided they meet the criteria.
Importantly, you do NOT need to re-enrol for JobKeeper if you are already receiving JobKeeper.
Please see here for more information and should you have any questions, please don’t hesitate to contact us at Cassell and Co.
The Cassell & Co Team
