JobKeeper Extension 2

December 17, 2020 | Robyn Bull

The JobKeeper Extension 2 is set to start from Monday 4 January 2021.

If you are eligible for JobKeeper Extension 2, these payments will run from Monday 4 January 2021 (Fortnight 21) and Sunday 28 March 2021 (fortnight 26), at which point the JobKeeper scheme is set to end.

What you need to do:

To be eligible for Extension 2, you must pass the decline in turnover test again. Your turnover must have dropped by 30% or more for the quarter Oct-Dec 2020 compared to Oct-Dec 2019.
You must notify the ATO of your decline in turnover via the ATO business portal.
If eligible, the payment rates for your eligible employees will change – Tier 1 rate $1,000.00 per fortnight, Tier 2 rate $650.00 per fortnight.
If you are new to JobKeeper you can enrol in the program to participate in the remaining fortnights.

The ATO have extended the reporting dates over December and January as follows:

For JobKeeper fortnight 20 (Monday 21 December 2020 to Sunday 3 January 2021):

You will have until the end of Monday 4 January 2021 to pay your employees (meet the wage condition).
Business monthly declarations for JobKeeper fortnights 18, 19 and 20 are now due 28 January 2021.

For JobKeeper fortnights 21 and 22 (starting Monday 4 January 2021 and Monday 18 January 2021):

You will have until Sunday 31 January 2021 to meet the wage condition for your eligible employees.

The remaining fortnights and payment dates for the JobKeeper scheme looks as follows:

JobKeeper Fortnights	Dates per JobKeeper Fortnight	Employees are paid on or before
21	4 Jan 2021 – 17 Jan 2021	31^st Jan 2021
22	18 Jan 2021 – 31 Jan 2021	31^st Jan 2021
23	1 Feb 2021 – 14 Feb 2021	14^th Feb 2021
24	15 Feb 2021 – 28 Feb 2021	28^th Feb 2021
25	1 Mar 2021 – 14 Mar 2021	14^th Mar 2021
26	15 Mar 2021 – 28 Mar 2021	28^th Mar 2021

For more detailed information on JobKeeper Extension 2, please refer to the following links, or call our office.

JobKeeper key dates

JobKeeper extension announcement)