More Changes, More Explanations, More GIF's
JOBKEEPER UPDATE 1.1.6 (or what feels like 3.14159265359)
Can't be bothered watching the video? Well read the deets below
BULLET POINT STYLE
An eligible Eligible Employee is now:
- Currently employed (including those stood down or re-hired)
- Was employed as at 1 July
- Was over 16 years of age at 1 July
- Employed either, Full time/Part Time
- If employed casually, must have been employed in a regular & systematic way for last 12 months
- They are an Australian citizen, perm visa or Subclass 444 Visa (NZ)
- They are a resident for tax purposes
- Not in receipt of Jobkeeper elsewhere
- They are not being paid maternity leave, dad/partner pay or workcover payments
Note the change to 1 July from the original eligibility date of 1 March
Download The New Eligible Employee Form
FOR THOSE WHO LOVE THE DETAIL
In a period that has seen Melbourne enter into stage 4 and force a raft of business to shut their doors, J-Fry announced a “tweak” to JobKeeper 1.0
“ … in addition, from 3 August 2020 the relevant date of employment will move from 1 March to 1 July 2020, increasing employee eligibility for the existing scheme and the extension.” – treasury.gov.au release 7 August 2020
A mere sentence within a six-page release, it took us 45 minutes to interpret, treasury a week to expand upon and the ATO another few days to give us a “please explain”.
At a high-level, any staff you employed on or before 1 July 2020 may now be eligible for JobKeeper from 3 August 2020.
At a detailed level, if you are an eligible business and participating in JobKeeper, you will need to assess all staff employed after 1 March 2020 or on or before 1 July 2020, assess their eligibility, provide then with a nomination form and if eligible, start them on JobKeeper from 3 August 2020. The ATO has given us until 31 August 2020 to make any back payments.
The ATO has also been keen to re-emphasise that JobKeeper is an “all-or-none” scheme; all eligible employees must be participating in JobKeeper or none. This rule applies to all eligible employees regardless of whether they qualify under the 1 Mach 2020 or 1 July 2020 date. If you are currently participating in the JobKeeper Payment Scheme, you must reassess.
It's a bit of a copy paste approach here
From a legislative perspective, the above changes literally equated to amendments to the effect of - Omit “March”, substitute “July”.
Under the above rules, individual are not excluded from re-nominating their eligibility as an employee with a new employer as long as the relevant criteria was met by 1 July 2020. For example, employed full time before 1 July 2020.
There are also limited circumstances whereby former eligible employees can be re-employed and preserve their eligibility status even after 1 July 2020. This is limited to those who ceased employment before 1 July 2020 and have not renominated with another qualifying entity.
As always if you're not sure, drop us a line or shoot me an email jason@illumin8.com.au