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Eligibility
To be eligible, you must demonstrate a decline in turnover of 30% or more for the December 2020 quarter compared to the December 2019 quarter. There are alternate tests that may be applied in some circumstances.
The tiered payments for employees are:
- Tier 1 (working over 20 hours/week): $1,000 per fortnight
- Tier 2 (working less than 20 hours/week): $650 per fortnight
If any top up payments are required to be made to your employees for January, these must be paid by 31 January.
Your December quarter turnover must be reported to the ATO prior to 14 February. Your business monthly declaration for January will also be due by 14 February.
If you believe you are eligible for JobKeeper Extension 2 but are not currently enrolled for JobKeeper Payments then please have a talk with our team now so we can help you get set up.
If you have any questions our team are always available so please don't hesitate to talk with us.
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