JobKeeper Payment for businesses impacted by Coronavirus (COVID-19)
28 August 2020
Find out what are the upcoming changes for JobKeeper Payment.
The eligibility criteria for JobKeeper Payment is on the Australian Taxation Office (ATO) website. You should check to see if your business is eligible. If you are eligible, you can then decide whether to participate in the scheme or not.
What you need to do
If you choose to participate, you’ll need to nominate all of your eligible employees. You’ll also need to do both of these:
- let your eligible employees know the ATO has approved your business for JobKeeper Payment
- pay your eligible employees for each JobKeeper fortnight you plan to claim for.
Read more about JobKeeper Payment on the ATO website including:
You or your employees don’t need to call or visit us.
What are the upcoming changes to payment rates
The Australian Government is now extending JobKeeper Payment to 28 March 2021. There will be changes to payment rates and eligibility rules.
The payment rate changes start from 28 September 2020.
From 28 September 2020, the JobKeeper Payment amount you'll get for eligible employees, working 20 hours or more a week changes. It will reduce from $1,500 to $1,200 per fortnight. This rate will reduce again to $1,000 per fortnight from 4 January 2021.
Reduced JobKeeper payments will also apply for eligible employees working less than 20 hours a week. The reduced rate will apply for those who've worked less than 20 hours a week in either:
- the 4 weeks of pay periods before 1 March 2020
- the 4 weeks of pay periods before 1 July 2020.
From 28 September 2020, the payment for your employees, working less than 20 hours a week, will be $750 per fortnight. It will reduce to $650 per fortnight from 4 January 2021 to 28 March 2021.
You’ll need to reassess your business’ eligibility for JobKeeper Payment.
Your payments may stop if your business is no longer eligible. Your payment may also reduce or stop as employees stop working for you. If you take on a new employee, you can nominate them for JobKeeper Payment. You can only nominate them if they were eligible for JobKeeper on either 1 March 2020 or 1 July 2020. This is even if they were getting JobKeeper Payment from their previous employer.
An employee can only get JobKeeper Payment from one employer at any given time.
What happens if your employee claims an income support payment
It’s ok if any of your employees have already applied for JobSeeker Payment. They’ll need to tell us if they start getting JobKeeper payment from you.
Currently, most people can’t get both:
- JobKeeper income from an employer
- an income support payment from us.
This is because JobKeeper Payment income is above the income cut off points for income support payments such as JobSeeker Payment.
They may be able to get income support when the JobKeeper Payment rates change on 28 September 2020.
Register for the JobKeeper payment on the ATO website.
Read more about COVID19 information for businesses.
Page last updated: 28 August 2020
This information was printed 18 September 2020 from https://www.servicesaustralia.gov.au/organisations/business/news/jobkeeper-payment-businesses-impacted-coronavirus-covid-19. It may not include all of the relevant information on this topic. Please consider any relevant site notices at https://www.servicesaustralia.gov.au/individuals/site-notices when using this material.