On 21 July 2020, the Government announced an extension of the JobKeeper program to 28 March 2021 but with tighter access and reduced rates. From 28 September 2020, employers seeking to claim JobKeeper payments will need to reassess their eligibility and prove an actual decline in turnover.
If your business currently receives JobKeeper, your arrangements will generally remain unchanged until 27 September 2020.
We’ve summarised the key details for employers on JobKeeper 2.0 below.
Eligibility
To continue receiving JobKeeper payments after 28 September 2020, employers will need to continue to meet the basic conditions of being an eligible employer and having eligible employees or business participants. However, to be eligible for further payments, they will also need to meet an additional decline in turnover test with reference to actual GST turnover.
Additional decline in turnover tests
Rather than making estimates, businesses will need to pass an actual GST turnover test as follows.