It has been a year like no other with many setbacks, challenges and learning experiences for a lot of people and businesses worldwide.

With the holiday season fast approaching, now is the time to ensure you are familiar with the rules and regulations regarding the JobKeeper Payment scheme if you are planning on shutting down over the Christmas period.

JobKeeper Payments & Leave Entitlements

Employers currently eligible for the JobKeeper Payment scheme will need to ensure they pay their eligible employees the higher of the following amounts each fortnight:

  • the amount of the applicable JobKeeper payment, or
  • their usual pay for work performed (including any paid leave or public holiday pay).

Employees on unpaid leave during the holiday period (for example, because they don’t have annual leave) are still entitled to get their JobKeeper payments during this period.

The rules regarding taking, requesting and directing annual leave still apply to all employers and employees in the JobKeeper scheme.

JobKeeper Extension No 2 – 4 January 2021 to 28 March 2021

To be eligible for the JobKeeper Payment Scheme for the March 2021 quarter, businesses must have had an actual decline in turnover of 30% or more (15% for not for profits) for the December 2020 quarter compared to the December 2019 quarter.

The new jobkeeper payment rates applicable for the period 4 January to 28 March 2021 for eligible businesses and employees are as follows:

  • Tier 1 rate:  $1,000 per fortnight
  • Tier 2 rate:     $650 per fortnight

Below are some useful links providing further information regarding employee entitlements and the JobKeeper Payment scheme. If you have any questions, please do not hesitate to contact your Cooper Reeves Adviser.

Fair Work Ombudsman – Entitlements over the Christmas and New Year Break
Fair Work Ombudsman – Pay & The Jobkeeper Scheme
Fair Work Ombudsman – Leave & the JobKeeper scheme
ATO – Jobkeeper Payment Extension