Worried you’re missing part of your refund? Remember, the low and middle income tax offset isn’t a refund on its own – it’s used to offset (or reduce) the amount of tax you pay. The offset amount you may be entitled to is automatically applied and could range between $255-$1080, depending on things like your taxable income and how much tax you’ve paid.
When Jobkeeper was first introduced, I was employed by two companies. I was also eligible for Jobkeeper through both companies. I was stood down by my full-time position first, then stood down by my casual position for a month only. I claimed Jobkeeper through my full-time position of course as this was the requirement, knowing this industry (if any) was most likely to close down from the repercussions of COVID-19. My full-time company has finally concluded it will close the company entirely and has made all its employees redundant. As this was my full-time position where I was receiving Jobkeeper, I will now be losing my main source of income as this was the employer I was required to nominate for this subsidy. Although I have been working for this second employer on a systematic basis, I receive very little shifts and even more so especially during COVID-19 as I am a casual not included in this wage subsidy within the company.
My question is, as I will no longer be employed by another company with a full-time position and now only involved with one casual employer, will I be eligible to receive Jobkeeper payments from them now?