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Small business

Growth
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Cedar Financial authorised representative of

La Trobe Financial
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Self managed super

Flexibility
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Taxation

Trust
iStock AccSoftware corp

Accounting software

Compliance
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Buy/Sell businesses

peace of mind
blog4

Small business

Growth
blog5

Cedar Financial authorised representative of

La Trobe Financial
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Self managed super

Flexibility
iStock taxation crop

Taxation

Trust
iStock AccSoftware corp

Accounting software

Compliance
123rf BSBus crop

Buy/Sell businesses

peace of mind
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Blackburn ' Prior has been part of the NSW Northern Rivers business community since 1958. We operate from offices in Lismore and Ballina, servicing clients locally and from areas as diverse as Hamilton Island and Central Queensland to the Hunter Valley and...read more

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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.