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JobKeeper 2.0 starts in 3 weeks time. Here are some key points:

What has changed?

  • Eligibility Test
  • Rates of assistance for employees working more than and less than 20 hours per week

Eligibility Test

  • To Qualify for the December 2020 Quarter your Actual GST Turnover for the September 2020 Quarter must be at least 30% less than the September 2019 Quarter.
  • To Qualify for the March 2021 Quarter your Actual GST Turnoverfor the December 2020 Quarter must be at least 30% less than the December 2019 Quarter

Rates of Assistance

December Quarter

  • $1,200 per fortnight for all eligible employees who were working in the business 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 for eligible business participants who were actively engaged in the business for 20 hours or more per week on average; and
  • $750 per fortnight for other eligible employees and business participants.

March Quarter

  • $1,000 per fortnight for all eligible employees who were working in the business 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 for business participants who were actively engaged in the business for 20 hours or more per week on average; and
  • $650 per fortnight for other eligible employees and business participants

For more information on how qualification criteria and rate of pay may effect your business please contact us.

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