JOBKEEPER URGENT ACTIONS REQUIRED
Recent modifications to the JobKeeper scheme allowing certain new employees to qualify for JobKeeper payments from 3 August 2020 has placed additional obligations and deadlines on eligible employers.
This includes the need to provide all newly eligible employees with the employee nomination form by this upcoming Monday 24 August 2020 and to satisfy the ‘wage condition’ (i.e., make appropriate employee payments) by 31 August 2020.
This is not an optional requirement. To maintain your existing Jobkeeper arrangements, you need to satisfy the “one in, all in” requirement. This means if you are receiving JobKeeper for one or more employees, you must notify any additional eligible employee without delay.
The major change is the inclusion into the JobKeeper scheme of employees who were on the books at 1 July 2020. This will apply from JobKeeper fortnight 10 (3rd August – 16th August). This includes employees who:
- were hired after 1 March 2020 (and are still employed on 1 July 2020);
- satisfied the 12-month employment requirement under the definition of a ‘long-term casual employee’ for JobKeeper purposes by 1 July 2020 (where they had not previously satisfied this requirement by 1 March 2020); or
- did not qualify on 1 March 2020 due to their age or visa status but have since met the relevant requirements by 1 July 2020 (e.g., employees who have since obtained the necessary visas).
The next key date will be Monday 31 August 2020, when you will need to have satisfied the $1,500 ‘wage condition’ for each newly eligible employee (where they have nominated with the employer) for JobKeeper fortnights commencing 3 August 2020 and 17 August 2020 (i.e. JobKeeper fortnights 10 and 11).
For more information, please refer to the following:
- ATO Media Release of 19 August 2020
- The ato.gov.au/jobkeeper website
- ATO Employee Nomination Form alternative link
- Treasury Fact Sheet (or click here)
Also don’t forget to keep an eye on our blog for any last minute updates or changes.
Please contact us should you wish to discuss any of these issues further.