• Skip to main content
  • Skip to footer

Abbotts

  • Home
  • About Us
    • Abbotts History
    • Our People
      • Directors
        • Andre Parker
        • Bez Esquivel
        • Bradley Abbott
        • Briony Knott
        • Christopher Higham
        • David Drake
        • Eric Ballard
      • Associates
        • Melissa Hansen
        • Stephen Hollyock
      • Client Managers
        • David Chang
        • Elliot Moses
        • Gabrielle Zonato
        • Vishen Bisnath
      • Finance Brokers
        • Bez Esquivel
      • Financial Advisers
        • Andre Parker
        • Amanda Kirkpatrick
        • Briony Knott
        • Fiona Chua
        • John Donald
        • Michelle Baker
      • Accountants/Bookkeepers
        • Angeline Camaya
        • Lewis Grant
        • Debbie Byrnes
      • Administration
        • Anne Abbott
        • Jaymee Sunder
        • Kevin Thomson
    • Careers
    • Our Philosophy
    • Social Responsibility
    • Testimonials
    • Our Clients
  • Services
    • Taxation Services
      • Taxation Compliance
      • Strategic Planning
      • Capital Gains Tax (CGT)
      • Fringe Benefits Tax (FBT)
      • Goods & Services Tax (GST)
      • Business Structures
      • Research and Development
      • Foreign Taxes
      • Tax Deductions
      • Tax Audit
    • Business Services
      • Commence a Business
      • Run a Business
      • Succession Planning
      • Advisory Services
      • Systems Integration and Support
      • Corporate Secretarial
      • HR and Payroll
    • Finance Broking
      • Loan and Borrowings
      • Venture Funding
      • Debt Management
    • Wealth Management
      • Establish Your Wealth
      • Execute Your Strategy
      • Maintain Your Strategy
      • Strategies and Structures
    • Superannuation
    • Bookkeeping
      • MYOB Bookkeeping
      • MYOB Setup and Training
      • Xero Bookkeeping
      • Systems Integration and Support
      • HR and Payroll
  • Industries
    • Farming and Agribusiness
    • Supermarkets
    • Medical
    • Construction
    • Pharmacy
  • Insights & News
  • Client Portal
    • Make a Payment
    • myprosperity
    • MYOB Document Portal
    • Resources
  • COVID-19 Hub
  • Contact Us
You are here: Home / Advisory & Business Services / JobKeeper – Changes to employment reference date

JobKeeper – Changes to employment reference date

August 19, 2020 By Aaron Davidson

The federal Treasurer, Josh Frydenburg, has issued a legislative instrument to extend the scope of the wage subsidy provided under the JobKeeper scheme so that it also benefits employers of more recently engaged employees where the employer can otherwise qualify for JobKeeper payments in respect of an employee.

These changes were made based on recognition of the ongoing impact of COVID-19 on employers, with the latest lockdown in Victoria also playing its part.

Under the changes the legislative instrument makes:

  • For fortnights beginning on or after 3 August 2020, the reference date for determining certain employee eligibility has been changed from 1 March 2020 to 1 July 2020.

    This effectively allow qualifying employers to receive JobKeeper payments in respect of individuals who are newly employed by the entity if these individuals meet the eligibility requirements on 1 July 2020.

  • The amendments also allow individuals who have nominated as an eligible employee or eligible business participant with one entity to re-nominate as an eligible employee of another entity in limited circumstances. To re-nominate, the individual must have ceased their employment or business participation with the first entity prior to 1 July 2020 and commenced their employment with the new entity by 1 July 2020.

  • Further, eligibility of existing employees are preserved if already covered by the JobKeeper scheme under the original 1 March 2020 reference date. There is no need to retest these employees eligibility in reference to the new date.

To enable the qualification of employee eligibility as at 1 July 2020, notification requirements must be ment via the completion of a JobKeeper employee nomination notice.

The original notice as listed on the ATO website was suitable only for employees who were eligible for JobKeeper as at 1 March 2020. With the introduction of the new legislative instrument on the 14th August, a new JobKeeper employee nomination notice has been created to incorporate employees now eligible as at 1 July 2020.

A copy of the new 1 July 2020 employee nomination notice form can be found via this link.

Employees who have previously given an employee nomination notice before 3 August 2020 do not need to provide a new employee nomination notice.

The other changes announced for the JobKeeper scheme on 21 July 2020 – including the extension to 21 March 2021 and two-tiered payments – will be included in separate amendments and looked at when parliament resumes in the final week of August 2020.


If you have any questions about the information above please contact the team at Abbotts, we will be happy to assist you. You can find details to get in touch with us on our contact us page.

Contact Us

Filed Under: Advisory & Business Services, Taxation Tagged With: COVID-19

Aaron Davidson

Footer

Connect with Abbotts Group

+61 8 9321 2642

+61 8 9322 1385

recep@abbotts.net.au

PO Box 414, West Perth WA 6872

813 Wellington Street, West Perth WA 6005

Abbotts

Disclaimer | Terms of Use | Privacy
Liability limited by a scheme approved under Professional Standards Legislation.
Abbotts Wealth Management Pty Ltd (AFSL 303138)
Abbotts Finance Brokers Pty Ltd (ACL 467436)

Our Services

Taxation Services
Business Services
Finance Broking
Wealth Management
Superannuation
Bookkeeping

Copyright © 2022 · Gallery Pro on Genesis Framework · WordPress · Log in