Jobkeeper 2 rules released

Article

Jobkeeper 2 rules released

Tax insights

The Treasurer has released the Rules relating to the extension of Jobkeeper (referred to as Jobkeeper 2). Jobkeeper 2 will run from 28 September 2020 to 28 March 2021.

The key features of Jobkeeper 2 are:

  • A tapered reduction over time of the fortnightly payment from $1,500;
  • The introduction of a two tier payment system depending on hours worked; and
  • A requirement to test the decline in turnover based on actual GST turnover for the September and December quarters.
Jobkeeper 2 rules released
Did you find this useful?