The JobKeeper payments have been extended until March 2021 and the payment amounts will be reduced each quarter. Please continue reading below for a breakdown of the payments and cut-off dates explained in further detail, including eligibility requirements.
December 2020 Quarter
Commences from 28 September 2020
Open to employees that have been employed on or before 1 July 2020
Employees working 20 hours or more will receive $1,200 per fortnight
Employees working under 20 hours will receive $750 per fortnight
Businesses must have experienced a decline in turnover by 30% or more for the September 2020 quarter
15% decline for charities & 50% for businesses with a turnover of more than $1 billion
Ends on 3 January 2021
March 2021 Quarter
Commences from 4 January 2021
Open to employees that have been employed on or before 1 July 2020
Employees working 20 hours or more will receive $1,000 per fortnight
Employees working under 20 hours will receive $650 per fortnight
Businesses must have experienced a decline in turnover by 30% or more for the December 2020 quarter
15% decline for charities & 50% for businesses with a turnover of more than $1 billion
Ends on 28 March 2021
How Can I Speak with an Accountant to Understand More?
You can book in an appointment to speak with an Accountant by calling our Office on 02 4340 2415 or sending an email to office@beda.com.au
02 4340 2415 | office@beda.com.au | www.beda.com.au
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