On 4 January 2021, JobKeeper 2.0 moved into its final stage, meaning businesses are again required to reassess and met the turnover test to continue to receive JobKeeper payments.
JobKeeper payment rates are reducing to $1,000 a fortnight for Tier 1 or $650 a fortnight for Tier 2, dependent on the hours worked during the reference period.
The ATO has allowed employers until 31 January 2021 to ensure that employees have been paid the correct amount and the JobKeeper wage condition has been met.
Businesses must submit to the ATO before 1 February 2021, their Decline in turnover form, this form must be completed before completing your business monthly declaration. Businesses must notify employees of their new JobKeeper payment rate within 7 days of notifying to the ATO of the applicable payment rate that applies to each employee.
Employers should also turn their mind to the JobKeeper enabling directions and consider whether any directions need to be extended. This could be from working reduced hours to working alternative duties
For more information about JobKeeper 2.0 please see the South Australian Business Chamber’s Covid-19 Support Portal or the ATO’s JobKeeper reference page here.
Need Some Free Advice?
We recognise that more support is needed by businesses across Australia because of COVID-19 pandemic. In partnership with the Fair Work Ombudsman, the South Australian Business Chamber is here to provide industrial relations advice to businesses covered by Commonwealth Workplace Laws.
The South Australian Business Chamber can assist you to understand JobKeeper and your workplace obligations including and any questions you have may have in relation to Modern Awards, classification of employees, rates of pay, general human resources matters, disciplinary, termination and more.
You do not need to be a the South Australian Business Chamber Member. All you need to do is contact one of our Workplace Advisers on (08) 8300 0000 (select option 2) and the South Australian Business Chamber Members can contact us on the same number and select option 1.
If you are not a the South Australian Business Chamber member now is the right time to join. Find out more about The South Australian Business Chamber Membership and the great benefits by calling (08) 8300 0000.
No problem is too big or too small and our Senior Consultants are also on standby to provide you with workplace advice regarding Awards or any other workplace support you may need. Call today on (08) 8300 0000 and speak with one of our highly experienced Senior consultants.
