The Federal Government has extended the JobKeeper support scheme for a further six-month period, which will extend payments through until the end of March 2021. These new rules apply for the JobKeeper fortnight starting 28 September 2020.
The extension includes a few changes to reduce the payment rate for some employees, while also extending availability of JobKeeper to additional employees. The extension includes a requirement to show actual downturn to business revenue too.
What you need to know now:
The extension is broken into two separate payment periods:
What do I need to do now?
For more information and examples refer to the Treasury and ATO webpages.
These can be found at: