On 15 September 2020, the Federal Government issued the Legislative Instrument that gives effect to the extension of the JobKeeper program until 28 March 2021.
The Rules relating to the JobKeeper extension are consistent with the previous announcements but provide some additional detail that businesses will need to consider in assessing whether they are eligible for the extension.
These are summarised in the table below:
[1] The ATO has issued alternative test periods applicable in certain circumstances
[2] The ATO has the power to issue alternative test periods applicable in certain circumstances
[3] The ATO has the power to issue alternative test periods applicable in certain circumstances
[4] The ATO has the power to issue alternative reference periods in certain circumstances
If you require any assistance in determining your eligibility for JobKeeper, please call Raffi Tenenbaum on 02 8262 8700 or your Prosperity adviser.
