People working fewer than 20 hours a week will receive $750. But now, as the end-date of late September looms, that optimistic outlook is overshadowed by the reality of a recession, triggered by an ongoing pandemic. Jake Dietsch Mandurah Coastal Times. Where an eligible employer with a regular fortnightly pay cycle (or shorter) makes additional payments to its employees in the JobKeeper fortnight immediately before its holiday closure, and those additional payments relate to a future JobKeeper fortnight or fortnights during that holiday closure, we will treat the additional payments as having been paid in the subsequent fortnight or fortnights for the purposes of satisfying the wage condition. Eligible entities can complete their business monthly declaration from 4 January 2021 to be reimbursed for payments made to their eligible employees in JobKeeper fortnights 18, 19 and 20 (23 November 2020 to 3 January 2021). Make sure you have the information for the right year before making decisions based on that information. See Alternative test. PM said announcement on future of JobKeeper … 31 January 2021 – for JobKeeper fortnights 21 and 22 only (from 4 January 2021 and 18 January respectively 2021), we are allowing employers until 31 January 2021 to pay their employees (meet the wage condition). 20th of April - Enrol your business for JobKeeper; 26th of April - Last day for top up payments to claim from March 30; 4th of May - Registration date for your eligible employees; End of month - reporting of turnover to the ATO ; 27th of September - final pay period for JobKeeper; Summary of things you need to do. 11/10/2020 . Key dates provided by the ATO include: From 20 April: enrol for JobKeeper payment. This is clearly marked. Period relating to each JobKeeper fortnight. In light of the fact that employers need to commence paying new eligible employees a minimum of $1500 per fortnight from the JobKeeper fortnight, which commenced on 3 August 2020, they have until the end of August to satisfy the wage condition. The changes come after a review into JobKeeper found that that the scheme “met its objectives, was well targeted and prevented widespread business closures and job losses.”. 1,628 Kudos. The reference date for assessing which employees are eligible for the JobKeeper Payment is now 1 July 2020 with effect from 3 August 2020. It doesn’t help that just four days later, on September 28, the JobKeeper payment will also change. This is to make sure that employers have paid their eligible employees before claiming JobKeeper payments in their February monthly business declarations. On September 24, the coronavirus supplement for those on welfare will stop too. The reference period for employees regarding the hours worked to determine their tier of payment will be the two fortnightly pay periods prior to 1 March 2020 or 1 July 2020. If you are enrolling for the JobKeeper Payment for the first time, you will need to complete the following actions by the end of the month that you wish to claim for: If you are not able to identify your eligible employees or complete the decline in turnover form by the end of the month you wish to claim for, you will need to contact us and we will work with you to complete these steps. “We will be providing six months of further support, both through JobKeeper and the enhanced JobSeeker arrangements,” Cormann said. You will need to pay your eligible employees at least the JobKeeper amount … This is … I changed the date and sent to the ATO. I would think you won’t have to do anything, just don’t pay any topup. We will continue to process monthly declarations to reimburse employers for payments for the month of December past the usual due date of the 14th of the month, until Thursday 28 January 2021. of Examples: Monday, today, last week, Mar 26, 3/26/04. Early May - end of employer’s eligibility for JobKeeper scheme We'll be adding the new fortnight dates soon as part of the changes for the JobKeeper extension. Setup mygov and link to ATO online services, Amounts you don't need to include as income, Occupation and industry specific income and work-related expenses, Financial difficulties and serious hardship, Instalment notices for GST and PAYG instalments, Your obligations to workers and independent contractors, Encouraging NFP participation in the tax system, Australian Charities and Not-for-profits Commission, Departing Australia Superannuation Payment, Small Business Superannuation Clearing House, Annual report and other reporting to Parliament, Complying with procurement policy and legislation, Election to exclude government grants from turnover for charities, Exercise of the Commissioner's discretion, How the JobKeeper payment affects income support payments, Insufficient records - higher tier 1 payment rate, Keeping JobKeeper fair - extension focus areas, Creating your own employee nomination notice, JobKeeper - easier to understand information, JobKeeper Payment - information in other languages, JobKeeper guide - employers reporting through STP, JobKeeper guide - employers not reporting through STP, Better practice governance and JobKeeper payments for large public and multinational groups, Reporting eligible employees and JobKeeper top-up payments via STP, Bringing forward payments due to the holiday season, Aboriginal and Torres Strait Islander people, 4 January 2021 – the JobKeeper extension 2 starts and the payment rates change for your eligible employees, eligible religious practitioners and eligible business participants. The former was at $1500 a fortnight, is now $1200 and will be $1000 in the New Year and will almost certainly end in March 2021. JobKeeper end date could see a million more Australians out of work. The end of JobKeeper: Scott Morrison reveals when he will review future of handouts after Qantas announced 6,000 job cuts. With the end of JobKeeper insight, the question arises as to what happens to employees on reduced (or nil) hours at the end of the JobKeeper scheme. You must tell your eligible employees, eligible business participant or eligible religious practitioners which payment rate applies to them within seven days of notifying us of their payment rate. See. To claim JobKeeper payments for this period, you will need to: You must also tell your eligible employees, eligible business participant or eligible religious practitioners which payment rate applies to them within seven days of notifying us of their payment rate. More from 7NEWS.com.au End of initial JobKeeper scheme. 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