Jobkeeper 2 0
Important Updates On Jobkeeper 2 0
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Fears businesses will be forced to slash staff or face going bust as covid 19 subsidy is reduced from september.
Jobkeeper 2 0. For more on the latest legislation changes join us for our monthly tax updates hosted by some of australia s leading tax experts. On 21 july 2020 the prime minister announced the extension of the jobkeeper program through to march 2021. Will thousands of workers get sacked under jobkeeper 2 0.
22 july 2020. For the second quarter of jobkeeper 2 0 being 4 january 2021 to 28 march 2021 the jobkeeper payment will be. From 28 september 2020 eligibility for the jobkeeper payment will be based on actual turnover in the relevant periods the payment will be stepped down and paid at two rates.
Below is a broad run down of the. Jobkeeper 2 0 is coming and there are a litany of changes to get across before september 28 when the first phase of the 86 billion wage subsidy program expires. What we know the new version of jobkeeper will mirror the part time or full time hours recipients worked before the coronavirus pandemic rather than a flat 1500 a fortnight.
The federal government has announced that jobkeeper will exist until at least march 28 next years in an evolution of the scheme known as jobkeeper 2 0. Jobkeeper 2 0 turnover test and payment changes 23 july 2020. What will sole traders receive can new workers join and is the 20 hour rule flexible.
Click here for details. Madgwicks 0 liked this article. Still have questions relating to jobkeeper 2 0.
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