Quality Accounting is back in the office following the COVID-19 enforced closure. However, we would like to introduce some guidelines to help keep staff and clients safe. We would like everyone to:
Please do not visit the office if you are feeling unwell, or if a close associate has recently suffered from illness.
Encourage you to phone before visiting so we know to expect you and can limit the number of visitors at any one time.
Limit visitors to 2 in the reception area at one time.
Please maintain an appropriate social distance within the building.
Please do not be offended if we don’t shake your hand, we would like everyone to stay healthy!
Please use the hand sanitisers provided.
We will be cleaning office surfaces regularly.
Please be understanding.
With these measures in place, Quality Accounting looks forward to receiving you again.
JobKeeper Extension - key dates
The first JobKeeper Payment Extension period starts on 28 September and there are some key dates to keep in mind.
From 28 September the JobKeeper extension starts and the payment rates change for your eligible employees, based on the total hours each employee worked during their reference period. You will need to pay your eligible employees at least the JobKeeper amount that applies to them each JobKeeper fortnight. This will be $1,200 per fortnight (Tier 1) or $750 per fortnight (Tier 2) before tax.
- Between 1 and 14 October complete your October JobKeeper monthly business declaration to be reimbursed for payments you made in September.
- Between 1 and 31 October determine and submit your decline in turnover for the September 2020 quarter through our online systems.
- Up to 31 October for JobKeeper fortnights 14 and 15 (starting 28 September 2020 and 12 October 2020) only, you have until this date to pay each of your eligible employees at least the JobKeeper payment rate that applies to them.
- Between 1 and 14 November complete your November JobKeeper monthly business declaration to be reimbursed for payments you made in October – tell us which payment tier you are claiming for each eligible employee or business participant.
If you are already receiving JobKeeper payments for your eligible employees or business participant, you don’t need to do anything different until 28 September 2020 or re-enrol. We have updated our website to provide alternative bases for satisfying both the decline in turnover and actual decline in turnover tests in qualifying for the JobKeeper extension.
Eligible businesses and not-for-profits can enrol at any time until the program closes.
Changes to JobKeeper will affect employers and employees
As you may be aware JobKeeper 1.0 finishes on the 27th of September and there are several changes to JobKeeper 2.0 extension period from the 28th of September that will affect employers and employees.
If you were previously ineligible for JobKeeper payments, but now satisfy the actual decline in turnover test, you can apply for the JobKeeper support. Be aware there are obligations to be met for access to JobKeeper as well as the online application. Visit the ATO website for more details.
New JobKeeper eligibility test
There is a new JobKeeper eligibility test in place for Job Keeper 2.0, and this test must be passed for you to continue to receive JobKeeper payments after 28th September. The new test will apply for both the JobKeeper 2.0 quarters to 28th March 2021
To qualify for payments from 28th September 2020 to 3rd January 2021, and from 4th January to 28th March 2021, your actual business GST turnover will need to be down 30% during the prior JobKeeper quarter when compared to the equivalent quarter the previous financial year.
For example, GST turnover July to September 2020 must be down 30% on the quarter July to September 2019, to qualify for the 28th September 2020 to 3rd January 2021 JobKeeper quarter.
If your business is no longer eligible for JobKeeper
If you are ineligible for the 28th September to 3rd January quarter, you may be eligible for the 4th January to 28th March quarter if you satisfy the turnover test requirement.
If you do not satisfy the actual decline in turnover tests for either JobKeeper extension 1 or extension 2, you cannot claim JobKeeper payment for fortnights in the relevant extension period.
You should notify your eligible employees, eligible business participant and/or eligible religious practitioner if you are unable to claim JobKeeper payments for them. You should also advise them that you are no longer obligated to pay them an amount that is at least equal to the JobKeeper payment in those fortnights.
Your eligible employees will not be able to be nominated for JobKeeper by any other entity.
If you expect you may no longer be eligible for JobKeeper payments from 28 September 2020, encourage your employees to check what financial assistance they may be eligible for from Services Australia, or may ask from the ATO, https://www.ato.gov.au/General/Financial-difficulties-and-serious-hardship/
Changes to JobKeeper payments
If you are already receiving JobKeeper payments for your employees:
- - you don’t need to do anything different until 28 September 2020
- - continue to pay all eligible employees $1,500 per fortnight (before tax) up to and including JobKeeper Fortnight 13, which ends on 27 September 2020.
From 28 September 2020, there will be a tier 1 and a tier 2 JobKeeper payment rate. You will need to nominate the rate you are claiming for each of your eligible employees and/or business participants.
- - From 28 September 2020 to 3 January 2021, the tier 1 rate will be $1,200 per fortnight, and the tier 2 rate will be $750 per fortnight.
- - From 4 January 2021 to 28 March 2021, the tier 1 rate will be $1,000 per fortnight, and the tier 2 rate will be $650 per fortnight.
Ensure you pay your eligible employees the right amounts to be reimbursed when you make your monthly business declarations.
To access more information regarding these JobKeeper changes follow the link below to the ATO site.
JobKeeper Changes for those employed on 1st July 2020
There have been significant eligibility changes to JobKeeper that will allow previously ineligible employees to be eligible for the JobKeeper payment. See ATO website or read the QA summary below for more detail.
ATO Key dates for August JobKeeper Changes
31 August 2020 – wage condition for new employees
For the fortnights commencing on 3 August 2020 and 17 August 2020, we are allowing employers until 31 August 2020 to meet the wage condition for all new eligible employees included in the Jobkeeper scheme under the 1 July eligibility test.
31 August 2020 – enrolments close for August fortnights
To claim JobKeeper payments for the August JobKeeper fortnights, including for new eligible employees included in the Jobkeeper scheme under the 1 July eligibility test, you must enrol for JobKeeper by 31 August.
21 July 2020 – extension of the JobKeeper Payment program
The government has announced proposed changes to the JobKeeper Payment program including:
: an extension of the program to 28 March 2021
: turnover tests to determine eligibility
: tiered payments for eligible staff
: New JobKeeper quarters:
- : from 28 September to 3 January 2021 and
- : from 4 January to 28 March 2021.
These proposed changes will not impact JobKeeper Payments until after 28 September 2020.
JobKeeper Changes for those employed on 1st July 2020
From 3 August 2020, you may be able to nominate new employees as eligible employees for the JobKeeper scheme. These new employees must have been employed by you on 1 July 2020 and meet the other eligibility criteria. This can include employees that:
: you employed after 1 March 2020.
: were employed by you on 1 March 2020 but were not eligible employees for fortnights ending on or before 2 August 2020, for example, because they only turned 18 after 1 March 2020 or had not completed 12 months of regular and systematic work with an employer.
: agree to be nominated by you (see Nominating employees).
: either were an eligible employee for a JobKeeper fortnight ended before 3 August 2020 using the 1 March test, or they meet certain conditions at 1 July 2020 (the 1 July test).
: They were employed by you as either a:
- : non-casual employee (whether full-time, part-time, or fixed-term), or a
- : long term casual employee (employed on a regular and systematic basis during the 12-month period that ended 1 July) and not a permanent employee of any other employer
: they were 18 years or older on 1st July 2020 (or, if they were 16 or 17 they can also qualify if they were independent or not studying full time on 1 July 2020)
: were an Australian resident under the Social Security Act 1991.
Long term casual employees - Eligibility from 3 August 2020
If a casual employee was not an eligible employee prior to 3 August 2020, you can use the 1 July 2020 test to reassess that employee’s eligibility. The test requires that the employee be employed on a regular and systematic basis for the period 2 July 2019 to 1 July 2020.
If you have taken up other work after being stood down, you may earn additional income without your eligible employer’s JobKeeper payment being affected.
If your employment was terminated before 1 July 2020, you may be able to nominate another employer.
If you meet the eligibility criteria and want to start claiming the JobKeeper payment on behalf of your employees, you need to start paying them at least $1,500 (before tax) per fortnight and continue to pay them for as long as you keep claiming.
JobKeeper extension from 28 September 2020
From 28 September 2020, eligibility for the JobKeeper Payment will be based on actual turnover in the relevant periods, the payment will be stepped down and paid at two rates.
From 28 September 2020, businesses and not-for-profits seeking to claim JobKeeper Payment will be required to re-assess their eligibility for the JobKeeper extension with reference to their actual turnover in the September quarter 2020. Businesses and not-for-profits will need to demonstrate that they have met the relevant decline in turnover test in this quarter to be eligible for JobKeeper from 28 September 2020 to 3 January 2021.
Businesses and not-for-profits will need to further reassess their eligibility in January 2021 for the period from 4 January to 28 March 2021. Businesses and not-for-profits will need to demonstrate that they have met the relevant decline in turnover test in the December quarter 2020 to remain eligible for the March quarter 2021.
Determining JobKeeper rate from 28th September 2020
The reference date for assessing which employees are eligible for the JobKeeper Payment is now 1 July 2020 with effect from 3 August 2020. The reference period for employees regarding their hours worked to determine their tier of payment will be the two fortnightly pay periods prior to 1 March 2020 or 1 July 2020. The period with the higher number of hours is to be used for employees who were eligible at 1 March 2020.
Changes to the JobKeeper Payment rate from 28th September 2020
The JobKeeper Payment rate is to be reduced and paid at two rates:
- : From 28 September 2020 to 3 January 2021, the payment rate will be $1,200 per fortnight for all eligible employees who, in the four weekly pay periods before the reference period, were working in the business or not-for-profit for 20 hours or more a week on average and for business participants who were actively engaged in the business for more than 20 hours per week, and $750 per fortnight for employees who were working in the business or not-for-profit for less than 20 hours a week on average and business participants who were actively engaged in the business less than 20 hours per week in the reference period.
- : From 4 January 2021 to 28 March 2021, the payment rate will be $1,000 per fortnight for all eligible employees who in the four weekly pay periods before the reference period, were working for 20 hours or more a week on average and for business participants who were actively engaged in the business for more than 20 hours per week, and $650 per fortnight for employees who were working for less than 20 hours a week on average and business participants who were actively engaged in the business for less than 20 hours per week in the reference period.
Tax time scams
The Australian Tax Office has put out a warning about the number of tax time scams on SMS and email this year. There has been a marked increase in scam messages and emails purporting to be from the ATO, MyGov or other government department websites this year. If you are unsure of a message’s validity do not click on any links or provide information. Make contact with the organisation through verified links or contact points if you think the message may be valid.
Not yet enrolled in JobKeeper
If you are a sole trader or a business it is not too late to enrol in JobKeeper. If your business/employer has not yet enrolled in JobKeeper because it was ineligible in April or May, the business may be eligible for JobKeeper for June, July, August or September.
The guideline states: If you are enrolling and identifying your employees and business participant for the first time after May, you must complete Steps 1 and 2 in the month you wish to claim for.
- Step 1: Enrol for the JobKeeper payment
- Step2: Identify you eligible employees
For the month/s you intend to claim the JobKeeper payment you must pay your eligible employees at least $1500 (before tax) per fortnight to be eligible for the JobKeeper payment.
For more information visit: https://www.ato.gov.au/general/jobkeeper-payment/ or,
make an appointment to see your QA advisor: 02 6658 1655.
Key Dates: Your monthly JobKeeper declaration is due soon
- By 14 June: complete Step 3: Make a business monthly declaration for May.
- By the 14th of each month: complete Step 3: Make a business monthly declaration to claim JobKeeper payments for the previous month.
Estimated Dates of JobKeeper Payments
We have had several enquiries about when the JobKeeper reimbursement of employers and sole traders may occur. There is no definitive timetable, so we have made an estimate from the available information, assuming you have completed your on-going JobKeeper obligations.
If you have enrolled for JobKeeper payments for the April fortnights by now you should have received your first reimbursement from the Commonwealth. Please see the table below for when we estimate JobKeeper subsequent payments to occur.
|Example of amounts paid to employers and sole traders|
|Payment Date||Amount per employee||Estimated payment start date/s*|
(for fortnights starting 30 March and 13 April)
(for fortnights starting 27 April and 11 May)
(for fortnights starting 25 May and 8 June)
(for fortnights starting 22 June and 6 July)
(for fortnights starting 20 July, 3 August and 17 August)
(for fortnights starting 31 August and 14 September)
*Estimate only, based on previous payment period.
If you have not yet received a JobKeeper payment, nor heard from the ATO, or are having other issues with JobKeeper, Quality Accounting may be able to help. Please request an appointment through the website, https://qualityaccounting.com.au/ or call on, 02-6658 1655
Australian Tax Office JobKeeper home page
ATO JobKeeper guides
A good overview of your steps and obligations when registering for JobKeeper.
For employers using the single touch payroll(STP) system.
For employers not using the single touch payroll(STP) system.
For Sole Traders
Additional information regarding JobKeeper eligibility for Sole Traders, Partnerships and Trusts
Other COVID-19 related links
Rental Code of Conduct for commercial tenancies effective from 3rd April 2020
NSW small business COVID-19 grant of up to $10,000 - closes June 30th 2020
This link has the eligibility criteria attached and apply online button at the bottom. Be aware, businesses will not be able to save and resume their application, therefore they should be prepared with required documentation, including proof of identification, before launching the online form.