With the new year, Jobkeeper continues. Some of the details and dates to be aware of are summarised below.
Jobkeeper extension 1
- December 2020 Jobkeeper Declaration – there is an extension to 28th January for the declaration lodgement (from the usual 14th after the month).
Jobkeeper extension 2
- The second extension is now in place from 4 January 2021 to 28 March 2021.
- Eligibility is based on comparing the actual December 2020 quarter turnover vs the December 2019 quarter (or alternative test where applicable).
- New entities enrolling for JobKeeper will need to enrol and submit their ‘Check decline in turnover’ form by 31st January.
- For entities who were enrolled in JobKeeper extension 1, the same ‘check decline in turnover’ declaration is required to be lodged through portal to confirm eligibility for extension 2 – this is available now to prepare/lodge.
- This needs to be lodged before the first business monthly declaration is made (i.e. January 2021 declaration available from 1 February 2021 and due by 14th February).
- Timing wise this will be before the lodgement due date of the quarterly BAS, it may be worth preparing the BAS early for this purpose.
- The payment rate change for extension 2 is as follows:
- $1,000 per fortnight – this rate applies to eligible employees or business participants who worked for 80 hours or more in the four weeks of pay periods before either 1 March 2020 or 1 July 2020.
- $650 per fortnight – this rate applies to any other eligible employees and eligible business participants.
- The same 80 hour threshold test applies in terms the entitlement to the tier 1 rate. You can read more here.
JobKeeper Fortnights
JobKeeper Fortnight No. |
Fortnight Dates |
Last Date for Payment to Employees |
20 |
21 December 2020 – 3 January 2021 |
4 January 2021 |
21 |
4 January 2021 – 17 January 2021 |
31 January 2021 |
22 |
18 January 2021 – 31 January 2021 |
31 January 2021 |
23 |
1 February 2021 – 14 February 2021 |
14 February 2021 |
24 |
15 February 2021 – 28 February 2021 |
28 February 2021 |
25 |
1 March 2021 – 14 March 2021 |
14 March 2021 |
26 |
15 March 2021 – 28 March 2021 |
28 March 2021 |
Should you have any questions or need any help changing your eligible employees, please reach out to our team at Rose Partners and we will do our best to assist.
Stay safe
The Team at Rose Partners