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As a result of the release of the Coronavirus Economic Response Package (Payments and Benefits) Amendment Rules (No. 8) 2020, (which received Royal Asset on 3 September 2020), the JobKeeper payment will be extended to 28 March 2021.
Please click here to download a summary of the key aspects of the new rules for the extension of the JobKeeper Payment, which are:
1. Extension of the JobKeeper Payment to 28 March 2021;
2. The new actual GST Decline in Turnover Test;
3. Wage Condition for Employees;
4. Eligible Business Participants; and
5. Notification Requirements.
We have also published this summary, along with our previous updates, on our website Resources page.
Keep safe and kind regards
Barrie Pike and Kevin Prout
Furzer Crestani
furzercrestani.com.au
Suite 3, Level 13, 32 Smith Street, Parramatta, NSW 2150, Australia
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(02) 9635 3044
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Email. mail@furzercrestani.com.au
Liability limited by a scheme approved under Professional Standards Legislation