Updated: Aug 24, 2020
I wanted to give you a quick update in regard to JobKeeper 1.0. Whilst we are still waiting for the finer details of the changes being made to the JobKeeper scheme beyond the end of September (JobKeeper 2.0), Treasury and the ATO have released the rules and further guidance of determining employees who become eligible for the scheme as of 1 July 2020. The key points include:
If you have hired new employees between 1st March and 1st July 2020, they may now be eligible for JobKeeper from Fortnight 10 on-wards (3rd to 16th August). This means that more of your employees may now be eligible for JobKeeper;
The ‘one in, all in’ principle still applies for JobKeeper, so if you don’t act now, you could be putting at risk your business’ eligibility for the JobKeeper Payments.
Employees who have turned 18 by 1st July could now be eligible
Employees who became an Australian resident during the period 1st March to 1st July 2020 could now be eligible
PLEASE NOTE: Any new eligible employees must be paid the minimum $1,500 per fortnight from Fortnight 10 on-wards just like existing eligible employees - any top-ups for Fortnights 10 & 11, must be paid before 31 August Employees can now re-nominate for JobKeeper with a new employer where they have ceased employment with the old employer before 1st July 2020, and commenced their employment with the new employer before 1st July. The same applies for new eligible business participants and in all cases they will need to give a nomination notice to the new employer by 21st August. Also note that employees with multiple employers, who could previously only nominate to receive JobKeeper from one employer, cannot change which employer they claim from. If you have any employees you believe could qualify under the new eligibility rules, please let us know and we can help make the assessment and then proceed with providing the employees with the necessary nomination forms to be completed and signed. You can find a link to the nomination form here If you have any other questions regarding these new rules, as always, please reach out and we will be more than happy to help!
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