Did I read that businesses currently on jobkeeper have to increase customers in September to get the maximum amount? Or did they scrap that plan?
How Has JobKeeper Changed?
kobrien456 on 01/09/2020 - 09:23
Last edited 01/09/2020 - 09:25
Last edited 01/09/2020 - 09:25
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Well read the ATO website.
How Has JobKeeper Changed
https://www.abc.net.au/news/2020-07-21/changes-jobkeeper-and… payments are being reduced,decreasing from %241%2C500 to %241%2C200.
Last I looked, JobKeeper for full time staff goes down to $1200 and for part time staff goes down to $750.
Employers need to re-qualify by showing that the revenue in the July-September quarter is more than 30% lower than last year same time or more than 50% for large companies.
Read nothing about keeping JobKeepers at same level. However, there was something around more employees being eligible.
Thanks. I just read this properly. It’s the answer I need.
Found it.
The reduction in payments is in relation to EMPLOYEES hours.
I am approaching this from POV of a SOLE TRADER on jobkeeper.I just read that jobkeeper 2 reduces to $1200 for EMPLOYEES now working less than 20 hours a week.
What happens with sole traders who’s business has reduced to less than 20 hours? Any accountants know?
What happens with sole traders who’s business has reduced to less than 20 hours? Any accountants know?
You'll find your answer in this fact sheet
Did I read that businesses currently on jobkeeper have to increase customers in September to get the maximum amount?
September is covered by the initial 30% drop in March / April (can't remember exact month).
To continue getting reduced JobKeeper (2.0) October onwards you need to have 30% reduction in the Jul - Sep quarter vs same quarter prior year.
Best talk to your accountant as there is probably some room to plead if you are 25% down etc.
Yeah that's how i see it, i was down over 30% for April-June quarter and got it, but won't get the next round after my September quarter. sole trader.
It has nothing at all to do with customers.
https://www.ato.gov.au/general/jobkeeper-payment/