2020

JobKeeper 2.0: What's changing?

Source: National

Published Date: 7 Aug 2020

 
On 21 July, the Government announced that the JobKeeper program will be extended until 28 March 2021.

As amending legislation is not expected until late August, this session was based on available information and covered the proposed changes including:

  • the reduced and partial JobKeeper rates
  • the new requirements to satisfy the decline in turnover test
  • how the JobKeeper fortnights interact with weekly, fortnightly and monthly payroll cycles
  • what is not expected to change from the current rules.

Details

  • Published On:7 Aug 2020
  • Took place at:Online

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This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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