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Jobkeeper 2.0 and 3.0

Government Stimulus Package

1. JobKeeper 2.0 JobKeeper Payments will now be payable until 28 March 2021 There are  two separate extension periods: • Extension period 1 – which covers the seven JobKeeper fortnights that commence on 28 September 2020 and end on 3 January 2021 • Extension period 2 – which covers the JobKeeper fortnights that commence on 4 January 2021 and end on 28 March 2021. Note: whilst employers will generally qualify…

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3rd Stimulus Package – The JobKeeper payment

1. What is the JobKeeper Payment? The JobKeeper payment is a subsidy that will be paid through the tax system (i.e., by applying to the ATO) to eligible employers (and self-employed individuals) impacted by the Coronavirus. Eligible employers will be able to claim a subsidy of $1,500 per fortnight, per eligible employee, from 30 March 2020 (with payments commencing from the first week of May 2020), for a maximum period…