Latest News
Hot Issues
10% Super Guarantee from 1st July 2021
End of year financial strategies
Closely held payees: STP options for small employers
Videos to help understand accounting topics.
ATO Small Business Newsroom - May / June
New insolvency rules commence
ATO sheds light on crypto compliance focus
Post Federal budget reflections
Federal Budget 2021 - Overview
Building a more secure and resilient Australia
Federal Budget 2021 - Health
ATO signals crackdown on 4 ineligible work-from-home claims
Taxpayers urged to keep work-from-home records
Businesses feeling ‘adverse’ impacts of COVID-safe measures: ABS
New insolvency rules commence
ATO promises not to ‘destroy’ businesses as it resumes debt collection
5 strategies for successful ‘work from home’ policies
Small businesses: don’t forget your FBT concessions
ATO chases $172bn in undeclared contractor income
‘Penalties will resume’: ATO flips the switch on debt recovery
JobMaker Hiring Credit rules and reporting
ATO data-matching: JobMaker
A broad range of Calculators.
ATO Small Business Newsroom
ATO’s good-faith approach to crypto won’t last much longer
Articles archive
Quarter 1 January - March 2021
Quarter 4 October - December 2020
Quarter 3 July - September 2020
Quarter 2 April - June 2020
Quarter 1 January - March 2020
Quarter 4 October - December 2019
Quarter 3 July - September 2019
Quarter 2 April - June 2019
Quarter 1 January - March 2019
Quarter 4 October - December 2018
Quarter 3 July - September 2018
Quarter 2 April - June 2018
Quarter 1 January - March 2018
Quarter 4 October - December 2017
Quarter 3 July - September 2017
Quarter 2 April - June 2017
Quarter 1 January - March 2017
Quarter 4 October - December 2016
Quarter 3 July - September 2016
Quarter 2 April - June 2016
Quarter 1 January - March 2016
Quarter 4 October - December 2015
Quarter 3 July - September 2015
Quarter 2 April - June 2015
Quarter 1 January - March 2015
Quarter 4 October - December 2014
Key dates for the second JobKeeper extension period

 

The JobKeeper program moves into its final phase from Monday, with payment rates set to be reduced.

 



       


From 4 January, the wage subsidy payments will fall to $1,000 per fortnight for those on the tier 1 rate and $650 per fortnight for those on tier 2.


The new rates will apply until the JobKeeper program comes to its scheduled end date of 28 March.


Entities looking to claim JobKeeper payments for the period running from 4 January to 28 March will need to demonstrate a decline in actual GST turnover for the December 2020 quarter.


With this next phase kicking in around the festive period, the ATO has now provided revised dates that employers and their advisers should be aware of:


4 January


New decline in turnover form available.
Meet wage condition for JobKeeper fortnight 20 (21 December 2020 to 3 January 2021).


28 January


Business monthly declaration due for payments made in JobKeeper fortnights 18, 19, and 20. An extension from the usual 14th of each month.
31 January


Meet wage condition for JobKeeper fortnights 21 and 22.


 


 


Reporter 
04 January 2021 
accountantsdaily.com.au


 




22nd-January-2021

| home | our firm | about us | our compliance services | our consulting services |
| our pricing structure | secure FTP | latest news | links | contact us
|

CORPTAX SOLUTIONS Pty Ltd Chartered Accountants & Registered Tax Agents
ABN 83 095 268 358 | 23 St Helier Drive SORRENTO, WA. 6020 Australia | Phone: + 61 8 9246 9536 | Fax: +61 8 9246 9588
e-mail : info@corptaxsolutions.com.au

Site By AcctWeb