Only 7 days before JobKeeper 1.0 ends and Jobkeeper 2.0 begins.
To help you with the transition, we’ve updated our JobKeeper client guide for the new Rules, and the latest ATO guidance on alternative reference periods, timing of supplies made and the decline in turnover test, and when higher rates automatically apply. The two tier JobKeeper payment system will be…interesting…for you to work through, particularly those with predominantly part-time staff.
The alternative tests have not been released as yet for the new decline in turnover tests (although the ATO have stated that they will be similar to the previous alternatives tests). We will update the guide once these are released.
More information on the scheme can be found here.