Please note: this information is current as at 8 September 2020
The original Jobkeeper 1.0 scheme, as governed by the Coronovirus Economic Response Package (Payments and Benefits) Rules 2020 (Cth) (the Rules), was originally scheduled to operate from 30 March 2020 until 27 September 2020 (Original Scheme).
However, the Original Scheme has now been amended to Jobkeeper 2.0, and has been extended for another six months (New Scheme), which is regulated by the Coronovirus Economic Response Package (Jobkeeper Payments) Amendment Act 2020 (the Act).
In short, the objective of the Act is to create two distinct categories of employers, being:
- Employers who meet (or continue to meet) the criteria to receive Jobkeeper payments after 28 September 2020 (Qualifying Employers); and
- Employers who were previously eligible to access the Original Scheme, but who do not qualify for Jobkeeper payments under the New Scheme (Legacy Employers).
We highlight some of the key differences between the Original and the New Scheme:
Give us a call on (08) 9305 9529 if you have any questions or concerns about these changes.