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JobKeeper extension 2 will run from 4 January 2021 to 28 March 2021. Check whether you can claim the JobKeeper wage subsidy for this period.

To be eligible, you will need to show that your actual GST turnover has declined by 30% or more. This calculated by comparing the December 2020 quarter to the December 2019 quarter.

Turnover is defined the same way as on your Business Activity Statement: by income received if you account for GST using the Cash method, or by income invoiced if you account for GST using the accruals method. If there were events or circumstances outside the usual business setting that resulted in the December 2019 comparison period not being appropriate, then an alternative test may apply. See Alternative test.

You can be eligible for JobKeeper extension 2 even if you were not eligible for JobKeeper extension 1. If the decline in your turnover for the December 2020 quarter makes you eligible for the JobKeeper Payment for the first time, you can claim JobKeeper extension 2 if you enrol before the end of January.

The rates of the JobKeeper payment in this extension period are:

• Tier 1: $1,000 per fortnight (before tax)
• Tier 2: $650 per fortnight (before tax)

To be eligible for the JobKeeper reimbursment, you must pay employees no less than their rate of JobKeeper payment. You have until 31 January 2021 to see whether you are eligible for JobKeeper extension 2. Where necessary, top up employees’ wages to amount of the JobKeeper Payment.

Please contact us if you need any help with claiming the JobKeeper Payment.