JobKeeper Update

December 2020 JobKeeper

The monthly declaration for December is now available.  The Tax Office has extended the lodgment due date for this to 28 January 2021.

If you have not already done so, you should ensure that you complete your declaration by then.


JobKeeper Extension 2

In addition, businesses need to review their eligibility to receive the second JobKeeper Payment – Extension 2, which runs from 4 January to 28 March 2021. This must be done by 31 January 2021.

From 4 January, the JobKeeper payment rate will fall to $1,000 per fortnight for those on the tier 1 rate and $650 per fortnight for those on tier 2.

To be eligible, you will need to demonstrate a decline in actual GST turnover for the December 2020 quarter.


How much should I pay my employees?

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. This has to be done by Sunday 31 January 2021.


If you have any questions regarding this, or would like us to review and register the JobKeeper extension on your behalf, please contact one of our team.