JobKeeper 2.0 - New Rules

Registration by 31 August 2020

The government has introduced changes to the JobKeeper payment, making it easier for you and your business clients to qualify. The new rules have now been registered and were effective from 3 August 2020.

The changes to these rules include:

  • employees’ eligibility for the JobKeeper Payment can now be assessed from 1 July 2020, rather than just before 1 March 2020.

  • employees who were under 18 at 1 March 2020 and therefore ineligible, who have turned 18 before 2 August 2020, are now eligible.

  • employees can now be nominated by new employers if their employment has changed since the JobKeeper payment began. However, they can still only be nominated by one employer at any given time employers have until 31 August 2020 to meet the wage condition for new eligible employees under the 1 July eligibility test for:

  • Fortnight 10 – commencing on 3 August, and

  • Fortnight 11 – commencing 17 August 2020.

You can't claim for any employees who:

  • were first employed by you after 1 July 2020

  • left your employment before 1 July 2020 (except in limited circumstances), or

  • have been, or have agreed to be, nominated by another employer.

Businesses can claim reimbursement for their new eligible employees between 1 and 14 September 2020, when they lodge their August monthly declaration.

Your eligible business and not-for-profit clients can still enrol at any time until the program closes.


Other Changes take effect after 28 September 2020

The government has announced proposed changes to the JobKeeper Payment program including:

  • an extension of the program to 28 March 2021

  • revised decline in turnover test

  • To be eligible for the JobKeeper payments from 28 September 2020 to 3 January 2021, businesses and not-for-profits must satisfy the relevant decline in turnover test for the September quarter 2020 (July, August, September) based on actual GST turnover.

  • To be eligible for the JobKeeper payments from 4 January 2021 to 28 March 2021, businesses and not-for-profits must satisfy the relevant decline in turnover test for the December quarter 2020 (October, November, December) based on actual GST turnover.

  • tiered payments for eligible staff

  • from 28 September to 3 January 2021

  • $1,200 per fortnight for those working more than 20 hours per week and

  • $750 per fortnight for those working less than 20 hours per week.

  • from 4 January to 28 March 2021

  • $1,000 per fortnight for those working more than 20 hours per week and

  • $650 per fortnight for those working less than 20 hours per week.

These proposed changes will not impact JobKeeper Payments until after 28 September 2020.


The new rules will take some understanding and those receiving benefits may no longer qualify.

If you need assistance in interpreting whether you qualify or not, please contact any of the team at May Klye & Associates on 03 9585 7555 or email enquiries@mktax.com.au

OPENING HOURS

Monday to Friday 9am - 5pm

314A Bay Road Cheltenham Vic 3192

Please call for an appointment 03 9585 7555

  • Facebook