The JobKeeper Payment: New Changes
The government has introduced changes to the JobKeeper Payment, making it easier for businesses to qualify. The new rules have now been registered and are 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 1 March 2020.
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.
Businesses can claim reimbursement for their new eligible employees between 1 and 14 September 2020, when they lodge their August monthly declaration.
Eligible businesses and not-for-profits can still enrol at any time until the program closes.
Further announcements and guidance on the extension to JobKeeper are subject to the passage of legislation by the Australian Government.
As always, we are here to help, if you have any questions in relation to the JobKeeper changes please contact our office on +617 5443 1432.