As the Rules for JobKeeper continue to evolve, we have updated our previous article posted earlier this month.
From the 27th of September, the government will initiate significant changes to the JobKeeper scheme. Nicknamed “JobKeeper 2.0”, you will need to requalify, and new payment rates will be introduced. The JobKeeper payments will be extended until 28 March 2021 across two separate periods:
Additionally, any eligible business can qualify for JobKeeper 2.0. This means that you do not have to be already receiving JobKeeper payments. The extended JobKeeper schemes will be open to new participants, provided they meet the eligibility requirements for the relevant extension period. Further, please note that you could still be eligible for JobKeeper Extension 2 even if you were not eligible for JobKeeper Extension 1.
In a nutshell, the changes will include:
The fortnightly JobKeeper amount will drop for the period 28 September to 3 January 2021 as follows:
Please note that there will be further reductions for the period 4 January 2021 to 28 March 2021, and we will detail these closer to that date.
If you think you might be eligible for JobKeeper Extension 1, please contact our office for assistance.
– Ian Hogbin
This article is compiled as a helpful guide for your private information and is subject to copyright. We suggest that you do not act solely on the basis of material contained in this article because items are of general nature only and may be liable to misinterpretation in particular circumstances. We recommend that our advice be sought before acting on any of these crucial areas.