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Latest JobKeeper 2.0 rules & comparison
September 16, 2020Comparing JobKeeper and JobKeeper 2.0 On Monday 15 September the Government released the 8th amendment to the JobKeeper rules, which in this case was the formalisation of what has been called JobKeeper 2.0. There has recently been some confusion of the overlap between JobKeeper and JobKeeper 2.0, which we clarified here and in the image […]
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Where are we at with JobKeeper?
September 4, 2020Keep up to date with the latest JobKeeper changes There have been a lot of changes announced to JobKeeper since the program began operation in April 2020. Late July through to the end of August, in particular, had a number of announcements which affected both JobKeeper and JobKeeper 2.0, which has created some confusion over […]
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COVID-19 – JobKeeper eligible employee dates
August 19, 2020Key changes due to JobKeeper JobKeeper continues to evolve, as the Government attempts to roll with the punches that the COVID-19 pandemic keeps throwing. Firstly they announced an extension to the program, called JobKeeper 2.0. Following that was the announcement and formalisation of a change made to the qualification date for eligible employees, which is applicable […]
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COVID-19 – Melbourne – Stage 4 Restrictions
August 4, 2020It’s safe to say we weren’t prepared for this but there are Government programs available to help. In early July 2020, Victoria reverted back to Stage 3 restrictions for Metropolitan Melbourne and the Mitchell Shire in an attempt to contain the spread of COVID-19. On 3 August 2020, in a year of constant ‘unprecedented’ announcements, […]
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COVID-19 – JobKeeper 2.0
July 22, 2020Government announcement of JobKeeper 2.0 The Prime Minister and Treasurer announced on Tuesday 21 July changes to the JobKeeper program, describing it as JobKeeper 2.0 and confirming that it will be extended from its original expiry date of 28 September 2020 until 28 March 2021. There are two important points to make in relation to […]
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COVID-19 – Melbourne back into Stage 3 restrictions
July 8, 2020It’s safe to say we weren’t prepared for this but there are Government programs available to help. For weeks in Victoria, it looked like we were on the brink of recovery and a return to some new state of normalcy. In the end, it looks like we are once again on the precipice of a […]
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Minimum wage to increase by $13 a week but businesses get some relief with staggered increases being applied!
June 23, 2020Annual Wage Review decision made. The Fair Work Commission handed down its Annual Wage Review decision late last week and from 1 July, the national minimum wage will be increased by 1.75%. The new minimum hourly wage will be $19.84 (or $753.80 per week). This equates to an increase of 35 cents per hour or […]
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COVID-19 – JobKeeper and Single Touch Payroll
May 1, 2020JobKeeper and Single Touch Payroll (STP) updates There has been an announcement about forthcoming tweaks to the JobKeeper program, which the Treasurer has released here. Our current focus is on the imminent software and reporting matters that need to be dealt with. If you’re in business and getting ready for JobKeeper, you’ll be aware that […]
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COVID-19 – JobKeeper Alternative Test Summary
April 24, 2020Alternative test for determining eligibility for JobKeeper wage subsidy On Thursday 23 April, the Australian Taxation Office released their legislative instrument outlining the details of the “alternative test” for determining eligibility for the JobKeeper wage subsidy program. The basic test is simply comparing turnover from a current period to the same period 12 months ago. […]
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COVID-19 Coronavirus Economic Response – JobKeeper Application
April 17, 2020JobKeeper applications open 20 April 2020 Application and enrolment for the JobKeeper program opened on Monday 20 April through ATO online platforms. Over the past week we have now received the rules and explanatory material from Treasury outlining eligibility criteria and thresholds. Furthermore, the ATO has created their own webpage with some explanation and forms. […]
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