The Government’s JobKeeper Payment will help keep more Australians in jobs and support businesses affected by the significant economic impact of the coronavirus.
On 21 July 2020, the Government announced it is extending the JobKeeper Payment until 28 March 2021 and is targeting support to those businesses and not-for-profits who continue to be significantly impacted by the Coronavirus.
- The existing JobKeeper Payment will remain in place until 27 September 2020. Information about the operation of the JobKeeper Payment until 27 September 2020 is available on the ATO website.
- From 28 September 2020, the JobKeeper Payment will be targeted to businesses and not-for-profits that have been most significantly impacted, the payment rates will be stepped-down and two tiers of payment will be introduced.
If you currently receive JobKeeper Payment it remains unchanged and available until 27 September 2020. From 28 September 2020, businesses and not-for-profits seeking to claim JobKeeper Payments will be required to reassess their eligibility for the JobKeeper extension with reference to their actual turnover. The JobKeeper extension will be available to qualifying businesses and not-for-profits from 28 September 2020 until 28 March 2021.
The ATO is administering the JobKeeper Payment and detailed information and guidance on JobKeeper is available on the ATO website.
Treasury completed a three-month review of the JobKeeper Payment in June 2020, informed by the status of the Coronavirus outbreak and the economy. It was provided to the Government for its consideration.
JobKeeper Payment Rules
The Treasurer has made the rules to give effect to the JobKeeper Payment.