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JobKeeper Changes

The government has introduced changes to the JobKeeper Payment.  The new rules have now been registered and are effective from 3 August 2020.

The changes to these rules include:

– Employees eligibility for JobKeeper can now be assessed from 1 July 2020, rather than 1 March 2020.

– Employees can now be nominated by new employers if their employment has changed since the JobKeeper Payment began.  However, they can still only be nominated by one employer at any given time.

– Employers have until 31 August 2020 to meet the wage condition for new eligible employees under the 1 July eligibility test for fortnights commencing on 3rd August and 17th August.

Businesses can claim reimbursement for their new eligible employees between 1 and 14 September 2020, when they lodge their August monthly declaration.

A copy of the new employee nomination notice can be downloaded here.

An eligible business can still enrol at any time until the program closes.

Date – 23/08/2020

Source – Australian Taxation Office

Griffin & Associates

79 Denham St, Townsville City QLD 4810

Phone 07 4772 6588

Chartered Accountants