Announcements
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.
Still not sure? Ask the Community

ATO Community

Job Keeper

Newbie

Views 770

Replies 3

Will an employer who did not qualify for Job Keeper round1 now be able to submit a new application for round 2 if they meet downturn in revenue

1 ACCEPTED SOLUTION

Accepted Solutions

Most helpful response

Former Community Support

Replies 0

Hi @BTrenfield,

 

 

We have some new information about the extension of the Jobkeeper Payment that you can have a look at on our ATO website (you may note that the eligibility regarding GST turnover has changed - this becomes clearer in the linked PDF under section, 'Extension 1').

 

However, please keep in mind that the changes that are due to start from 28 September 2020 are still only proposals but will take effect from the date once legislated. We expect to have more information once it has been legislated, so keep an eye on our website for updates.

 

Also, the Treasury website's PDF on Jobkeeper extension has been updated(as at 10 August 2020).

 

3 REPLIES 3

Former Community Support

Replies 1

Hi @BTrenfield,

 

Although the changes are still very new and details are yet to be fully worked out, as you will see on our JobKeeper Payment page it says that “You can enrol for the JobKeeper Payment at any time until the program closes if your circumstances have changed”.

 

This position is also backed up by the JobKeeper - Payment Extension Fact Sheet released this week from Treasury which also states that the “The JobKeeper Payment will continue to remain open to new recipients, provided they meet the existing eligibility requirements and the additional turnover tests during the extension period. Other eligibility rules for businesses and not-for-profits and their employees remain unchanged”

 

You will find more detail on those requirements here on this JobKeeper - employers eligibility page on our website, and in the Treasury Fact Sheet.

 

AlBar

Most helpful response

Former Community Support

Replies 0

Hi @BTrenfield,

 

 

We have some new information about the extension of the Jobkeeper Payment that you can have a look at on our ATO website (you may note that the eligibility regarding GST turnover has changed - this becomes clearer in the linked PDF under section, 'Extension 1').

 

However, please keep in mind that the changes that are due to start from 28 September 2020 are still only proposals but will take effect from the date once legislated. We expect to have more information once it has been legislated, so keep an eye on our website for updates.

 

Also, the Treasury website's PDF on Jobkeeper extension has been updated(as at 10 August 2020).

 

Devotee

Replies 0

To qualify for round 2, you must have 30% decline in GST turnover for both the June & September quarters.

You can however still qualify for thje remaining months of Jobkeeper 1 if GST turnover drop of 30% in any of the remaining months