Since March 2020, the JobKeeper payment (JobKeeper) has undergone multiple amendments to ensure that it not only continues to support employers and employees who remain adversely impacted by the COVID-19 pandemic but to keep the economy stimulated for the months and years to come. In January 2021, JobKeeper moved to its second phase extension period which currently is proposed to end on 28 March 2021.
Turnover eligibility for JobKeeper in the period from 4 January 2021 to 28 March 2021
To claim JobKeeper in this time period a business must, amongst other things, show that:
- it meets the actual decline in turnover test — for a business whose aggregated turnover is $1 billion or less then it must show that its actual GST turnover in the December 2020 quarter declined by at least 30 per cent relative to a comparable period (usually the December 2019 quarter) and
- it meets the original decline in turnover test under JobKeeper Version 1 which was based on projected GST turnover.
A business already receiving JobKeeper before 28 September 2020 would have already satisfied the original decline in turnover test. Where a business is enrolling for JobKeeper from 28 September 2020, it will meet the original decline in turnover test if it meets the actual decline in turnover test.