JobKeeper Monthly Reporting
To receive continuing payments past September we must retest eligibility using quarterly GST Turnover which must equal the turnover reported on your BAS. Basic Test – Measure your GST Turnover for the September 2020 quarter in comparison to September 2019, you must be 30% or more down. Alternate Tests – If you are not eligible under the basic test, the ATO will apply similar alternate tests to the original turnover test period. ATO guidance has not yet been published Payments are now determined by the number of hours an employee works.
Operation of JobKeeper Extension 1What must be done
TheATO has allowed a payment concession for the first two fortnights until 31 October. This will allow you one month to determine eligibility and the relevant Tier for each eligible person. What you don't need to do
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