loader image

Home > Blog > JobKeeper extension 2 – what you need to do as a business or not-for-profit

JobKeeper extension 2 – what you need to do as a business or not-for-profit

Date: 22 December 2020

1.       How to continue receiving JobKeeper extension 2 payments – If you are already receiving JobKeeper payments, you don’t need to enrol again or do anything different until after 4 January 2021.

2.       How to enrol for JobKeeper – You can enrol at any time until the program closes, and you only need to enrol once.

3.       The JobKeeper Payment scheme has been extended until 28 March 2021, see Jobkeeper extension https://www.ato.gov.au/General/JobKeeper-Payment/JobKeeper-extension-announcement/

4.       From 4 January 2021 to 28 March 2021, the new decline in turnover form to work out eligibility for the second extension period will be available.

5.       Existing eligible employers must submit the new decline in turnover form before completing their business monthly declarations from 1 February 2021.

6.       From 4 January 2021, employers must pay their eligible employees at least the correct JobKeeper amount of either $1,000 for tier 1 or $650 for tier 2.

7.       To support employers and their intermediaries that may be taking leave over December and January, there’s more time to meet certain JobKeeper obligations – see Key dates https://www.ato.gov.au/General/JobKeeper-Payment/JobKeeper-key-dates/

Please also refer to the attached JobKeeper 2.0 letter templates/checklists that may be of assistance to you depending on your circumstances (click icons or links below to download):

Jobkeeper 2.0 Summary

Letter – Eligible Business Participant Confirmation of Hours

Letter – Jobkeeper Payments Concluding

Workpaper – Employee Eligibility: Updated

Workpaper – Jobkeeper Payment Rates

Letter – Confirmation To Business Participant Of JobKeeper Payment Rate

Letter – Confirmation To Employee Of JobKeeper Payment Rate

Checklist JobKeeper Employer Eligibility Jan To Mar 21

 

 

 

 

Start today

To discuss with one of our estate planning experts. Start by emailing us at enquiries@rm.net.au

Contact Us +

Know More

Are Your Contractors Employees?

Are Your Contractors Employees?

Two landmark cases before the High Court highlighted the problem of identifying whether a worker is an independent contractor or employee for tax and superannuation purposes. Many business owners assume that they will not be responsible for PAYG withholding,...

read more
Succession planning – NSW farming families

Succession planning – NSW farming families

The stamp duty exemption for farms in NSW has recently been broadened and will greatly increase the succession planning options available to families in the rural sector.   The past exemption for transferring farming properties between generations requires the...

read more
Are Your Contractors Employees?

Roberts & Morrow turns 70!

On 1 September 1951, Don Roberts and Keith Crichton took over as principals of a small local Armidale Firm called HG Uther & Co, renaming it Crichton Roberts & Co. Jack Morrow was then admitted as a partner in 1954. When Keith Crichton retired in 1957 the...

read more