JobKeeper Payment extension 2 has started
The second JobKeeper Payment extension started on 4 January and ends 28 March 2021. Employers can be eligible for the second JobKeeper extension even if they were not eligible for the first extension.
To be eligible employers will need to show that your actual GST turnover declined in the December 2020 quarter relative to a 'comparable period'. This is generally the December 2019 quarter. To enrol employers will need to declare this information through the ATO online services.
The payment rates have changed for eligible employees in the second extension period. These rates are Tier 1: $1,000 per fortnight (before tax) and Tier 2: $650 per fortnight (before tax). Employers will need ensure they pay their eligible employees the correct payment tier. The ATO will then reimburse the employer monthly.