With the end of the December quarter quickly approaching, now is the time to review the key dates in relation to the end of JobKeeper 2.1 and the start of JobKeeper 2.2. By now, most businesses are aware of the basic criteria they need to satisfy for JobKeeper, so our overview below outlines the key dates relating to the changeover of extension periods in the JobKeeper program.
JobKeeper Fortnight 20 payments: due 4 January 2021
The ATO has allowed employers until 4 January 2021 to meet the wage condition for Fortnight 20 due to the long weekend. Employers currently enrolled in JobKeeper must ensure that employees have been paid $1,200 or $750 (depending on the employee’s tier) for the fortnight ending 3rd January 2021.
December monthly declaration: due 28 January 2021
The ATO has extended the due date for the December monthly declaration to 28 January 2021. While other monthly declarations have been due by the 14th of the month, this is an extended date due to holiday closures.
However, the JobKeeper subsidy for December will not be paid by the ATO until the declaration is lodged. The extended date only applies for the December declaration. The due dates for all other monthly declarations will remain as the 14th day after the end of the month.
JobKeeper Fortnights 21 & 22 payments: due 31 January 2021
The ATO has allowed employers until 31 January 2021 to meet the wage condition for Fortnights 20 and 21. Employers who are enrolling for the 2nd extension period of JobKeeper must ensure that employees have been paid $1,000 or $500 (depending on the employee’s tier) for the fortnights ending 17th January 2021 and 31st January 2021.
JobKeeper extension 2 enrolments: available from 4 January 2021
The 2nd extension period of JobKeeper covers the fortnights from 4 January 2021 to 28 March 2021. The decline in turnover form will be available on the ATO systems from 4 January 2021, and must be submitted before the monthly declarations can be completed.
In order to be eligible for JobKeeper payments for these fortnights, employers need to show their actual GST turnover has declined in the December 2020 quarter relative to a comparable period (either December 2019, or another period as allowed by the alternative tests).