Jobkeeper 2.0 Update – Important Changes
As of the 28th September 2020, the Australian Government has implemented the second phase of its Jobkeeper Scheme, which includes new rules.
Following on from the original scheme, Jobkeeper 2.0 will run for two consecutive extension periods, until 28 March 2021. Extension period 1
will run from 28 September 2020 to 3 January 2021 and Extension period 2 will run from 4 January 2021 to 28 March 2021.
New decline in turnover test
See for more info ATO
- Basic Test
From 28 September 2020 new and previously enrolled employers will need to retest their eligibility based on their actual GST
the comparative period.
Decline in Actual GST Turnover in the September 2020 quarter by at least 30% for most SME businesses compared to the same period in 2019.
Entities registered for GST must use the same method as their BAS reporting to calculate their current GST turnover. The
ATO advises that for most businesses registered for GST, the actual GST turnover will be equal to G1 minus 1A.
New payment rates
All previous and newly eligible employees will be categorised as Tier 1 or Tier 2 depending on the average hours worked during the reference
period. Business participants are required to measure their active engagement in the business.
An alternative reference period may be used if the 28-day period does not reflect the employee’s typical hours or they started the work
during the reference period.
Employers must also notify their employees in writing within seven days after notifying tax office the relevant rate applicable for each
The ATO is allowing employers until 31 October 2020 to meet the minimum eligible payments for the fortnights starting 28 September 2020 and
12 October 2020.
Tier 1 - Pay rate of $1200 per fortnight
80+ hours worked during employee reference period or business participant reference period*
Tier 2 - Pay rate of $750 per fortnight
< 80 hours worked during employee reference period or business participant reference period*
* Employee Reference Period: 28 days prior to 1 March 2020 or 1 July 2020
Business Participant Reference Period: Month of February 2020
See for more info ATO - Payment Rates
If your business does not satisfy the Basic Test, please contact us to find out if you are eligible to apply an Alternative Test to be
eligible for Jobkeeper 2.0.
See for more info ATO