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Re: Jobkeeper 2nd extension period

Newbie

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Hi,

please asking if I would qualify for jobkeeper Jan-Mar 21 payment period how much is reduced GST turnover from same quarter last year? Is it 15% 30% or 50%?

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Devotee

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Most businesses, it will be 30%

  • 30% if your turnover is $1 billion or less

https://www.ato.gov.au/General/JobKeeper-Payment/Decline-in-turnover-tests/

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Devotee

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Most businesses, it will be 30%

  • 30% if your turnover is $1 billion or less

https://www.ato.gov.au/General/JobKeeper-Payment/Decline-in-turnover-tests/

Taxicorn

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@BundyBoi21 

 

That is exactly 30% or more, you can't round up 29.5% to 30%.