How Has JobKeeper Changed?

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Australian Taxation Office

• 

  Tony-Abbott on 01/09/2020 - 09:28

  It has nothing at all to do with customers.

  https://www.ato.gov.au/general/jobkeeper-payment/

  • kobrien456 on 01/09/2020 - 09:29 Comment score below threshold.
    • 

      Tony-Abbott on 01/09/2020 - 09:29

      +4

      Well read the ATO website.

      • kobrien456 on 01/09/2020 - 09:40 Comment score below threshold.
• 

  Hithere on 01/09/2020 - 09:34

  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.

• 

  MrHyde on 01/09/2020 - 09:35

  +1

  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.

  • 

    kobrien456 on 01/09/2020 - 09:50

    Thanks. I just read this properly. It’s the answer I need.

• 

  kobrien456 on 01/09/2020 - 09:48

  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?

  • 

    bemybubble on 01/09/2020 - 10:18

    +1

    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

• 

  netjock on 01/09/2020 - 10:04

  +1

  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.

  • 

    [Deactivated] on 01/09/2020 - 11:09

    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.