The first tranche of JobKeeper (JK1) finished on 27 September last week – time flies when you are having fun!! This week sees the beginning of the JobKeeper 2.0 period (JK2). We have pulled together a detailed summary of what this means for YOUR business and what you NEED to do. NOTE: Even if you don’t qualify for JK2, there are steps you need to take……so please read this note in detail.

An update to the second tranche of the JobKeeper scheme sees 2 key changes to the second instalment of the program, JobKeeper 2.0. Specifically, the eligibility test for employers has been tweaked slightly and the start date for eligible employees has been altered. Here is the Nine Advisory deep dive into the detail

The second tranche of the JobKeeper scheme changes the eligibility test for employers and the method and amount paid to employees. Here is the Nine Advisory deep dive into the detail

June 2020 Tax Update - ATO JobKeeper Audit Targets; Company Tax Rate DOWN to 26%; Key Tax Changes From July 1; Are Casual Workers Entitled to Paid Leave?

This afternoon, PM Scott Morrison announced his 3rd instalment to the COVID-19 stimulus package for the Australian economy. This package is centered around the ‘Jobkeeper package’ that will total $130bn over 6 months to ‘support the jobs and livelihoods’ of almost 6 million Australians.