The JobKeeper scheme has been extended from 28 September 2020 until 28 March 2021. So, what does it mean for employers?

Businesses and not-for-profits will now be required to reassess their eligibility for the scheme, while payment rates will also change.

There will be two separate extension periods. For each extension period, an additional actual decline in turnover test applies and the rate of the JobKeeper payment is different.
 

• Understand what you need to do in JobKeeper extension 1 – from 28 September 2020 to 3 January 2021
• Understand what you need to do in JobKeeper extension 2  –from 4 January 2021 to 28 March 2021

The JobKeeper payment will be split into two rates:

Tier one applies to:
 

• eligible employees who worked for 80 hours or more in the four weeks of pay periods before either 1 March 2020 or 1 July 2020, and
• eligible business participants who were actively engaged in the business for 80 hours or more in February and provide a declaration to that effect.

Tier two applies to any other eligible employees and eligible business participants.

Read more about the JobKeeper extension here, including information on:
 

• businesses or not-for-profits
• what you need to do
• decline in turnover – what's different, and
• what doesn't change.

The following links provide information on:

• payment rates
• 80-hour threshold for employees
• decline in turnover tests
• actual decline in turnover test

This fact sheet summarises details of the Extension to the JobKeeper payment.