Two cases decided in December 2020 provide much needed guidance as to the operation of specific aspects of the JobKeeper scheme. The Full Federal Court judgment in Qantas Airways Limited v Flight Attendants’ Association of Australia [2020] FCAFC 227 means...
JobKeeper cases on backpay and backdated ABNs
Jan 20, 2021 | JobKeeper, News
Two cases decided in December 2020 provide much needed guidance as to the operation of specific aspects of the JobKeeper scheme. The Full Federal Court judgment in Qantas Airways Limited v Flight Attendants’ Association of Australia [2020] FCAFC 227 means...
The new alternative decline in turnover test — what’s changed?
Sep 24, 2020 | JobKeeper, COVID-19 updates, News
On 23 September 2020, the Commissioner registered the Instrument titled the Coronavirus Economic Response Package (Payments and Benefits) Alternative Decline in Turnover Test Rules (No. 2) 2020 (the Instrument), accompanied by an Explanatory Statement, which...
JobKeeper extension — Commissioner’s determinations
Sep 21, 2020 | JobKeeper, COVID-19 updates, News
On 15 September 2020, the Treasurer registered the Coronavirus Economic Response Package (Payments and Benefits) Amendment Rules (No. 8) 2020 which sets out the rules for JobKeeper 2.0 — i.e. the extension of the JobKeeper scheme from 28 September 2020 to 28...
JobKeeper 2.0 is now law
Sep 15, 2020 | COVID-19 updates, JobKeeper, News
Editor's note The ATO has subsequently advised that for the JobKeeper fortnights starting 28 September 2020 and 12 October 2020 only, employers will have until 31 October 2020 to meet the wage condition for all employees included in the JobKeeper scheme....
How the JobKeeper Fair Work changes will affect tax practitioners
Sep 4, 2020 | COVID-19 updates, JobKeeper, News
The Coronavirus Economic Response Package (Jobkeeper Payments) Amendment Act 2020 (the Act) received Royal Assent on 3 September 2020. The Act makes amendments to various legislation to: extend the JobKeeper scheme to 28 March 2021; amend the tax secrecy...
JobKeeper employee eligibility date changed to 1 July 2020
Aug 19, 2020 | COVID-19 updates, JobKeeper, News
Changes to employee eligibility for JobKeeper The JobKeeper scheme is currently legislated to end on 27 September 2020. On 21 July 2020, the Government announced that due to the ongoing COVID-19 crisis, the JobKeeper Payment scheme will be extended by six...
JobKeeper changes: What’s new in JobKeeper 2.1?
Aug 10, 2020 | News, COVID-19 updates, JobKeeper
Editor's notes: This article was original posted on 22 July 2020 based on the details contained in the Government’s announcement of the extended JobKeeper scheme on 21 July 2020. This article has been subsequently updated to incorporate the changes to the...
How the ATO will administer JobKeeper overpayments
Aug 4, 2020 | News, COVID-19 updates, JobKeeper
JobKeeper overpayments On 31 July 2020, the ATO released guidance in a fact sheet titled ‘JobKeeper overpayments’ (QC 63309) in relation to how it intends to administer overpayments of JobKeeper payments. An entity has received an overpayment if it had...
JobKeeper – new rules and ATO guidance
May 8, 2020 | COVID-19 updates, JobKeeper, News
Looking for the latest coverage on JobKeeper? Check out our new JobKeeper 2.0 blog! Background The Banter Blog article titled The JobKeeper Payment, published on 17 April 2020, outlined the operation of the Government’s $130 billion JobKeeper Payment scheme which was...
The JobKeeper Payment
Apr 17, 2020 | COVID-19 updates, JobKeeper, News
The Federal Government’s $130 billion JobKeeper payment package is the largest financial package in Australia’s history to assist businesses with the impact of the Coronavirus (COVID–19) pandemic.
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