JobKeeper Extension Scheme – Action Items

With the JobKeeper Extension Scheme coming into effect on 28 September 2020, we have summarised the key changes and action items that your business will need to make, should you be eligible for the extension. Key Changes:  JobKeeper Extension Periods:  The extension of the scheme will operate in two separate periods:  Extension 1:  28 September 2020 to 3 January 2021   Extension 2:  4 January 2021 to 28 March 2021   Payment Rates:  Payment rates…  Read more

What You Need to Know: JobKeeper Provisions in the Fair Work Act – Extensions and Changes

Further to our announcement regarding the new 1 July employee eligibility test date for the JobKeeper Payment, the Australian Government passed the JobKeeper Extension Scheme through legislation on 1 September 2020. The passing of this legislation brought with it changes and extensions to the JobKeeper provisions in the Fair Work Act, with extended provisions coming into place from 28 September 2020 and extending to the end of the scheme on 28 March 2021. The provisions introduce the “Legacy Employer,” which is further explained below.…  Read more

New JobKeeper 1 July Test Date Means You Need to Reassess Your Employee Eligibility and Act NOW

Under the new 1 July employee eligibility test date for the JobKeeper Payment, employers MUST provide the employee eligibility notice form(s) NOW to all new eligible employees that are now entitled to receive JobKeeper.  Employee Eligibility Further to our announcement last week regarding changes to the JobKeeper Payment Scheme, the Government passed the legislation last Friday meaning for JobKeeper fortnights starting from 3 August onwards, any employee who met the JobKeeper criteria as at 1 July 2020 can now receive the JobKeeper Payment.   A number of new eligible employees will now be entitled to receive the JobKeeper Payment, including:  Full time or part time employees who commenced employment after 1 March and were employed with you…  Read more

SME Loan Guarantee Scheme Extension

The Coronavirus Small and Medium Enterprise (SME) Loan Guarantee Scheme is now extended to 30 June 2021, with the aim to provide further support to small and medium-sized businesses that have been affected by the economic impacts of COVID-19. The extension of the scheme will come into place from 1 October 2020 and will be available for loans made until 30 June 2021. The extension of the scheme will ultimately…  Read more

What is the Superannuation Guarantee Amnesty?

Due to the economic impacts of COVID-19, a Superannuation Guarantee Amnesty has been introduced to provide a one-off opportunity for employers to pay superannuation payments that are owed – penalty free! Do You Need to Apply for the Superannuation Guarantee Amnesty? On 6 March 2020, the government introduced a super guarantee (SG) amnesty that allows employers to disclose and pay previously unpaid super guarantee charge (SGC), including nominal interest, they…  Read more

JobKeeper Payment Scheme: Eligibility Changes Announced

On Tuesday the 21st of July the Australian Government announced a proposed extension of the JobKeeper Payment Scheme from 28th September 2020 until 28th March 2021. As of the 3rd of August 2020, two further changes were implemented by the government to ease JobKeeper eligibility criteria. The two important changes announced are in relation to: Employer eligibility for the extension of the scheme; and The date for determining employee eligibility…  Read more

Allan Hall: Multi-award winning firm

Allan Hall Business Advisors continues to impress with individual, network and firm-wide awards and accolades, with our latest nomination as winner of the Client Choice Awards 2020, Women in Finance Awards 2019 and HR Manager of the Year 2019. For further details and a full list of our recent awards, click below.

Global alliance focussed on business excellence

Together as One. Allan Hall Business Advisors is a Member of the Alliott Global Alliance of independent professional firms.

The Alliott Global Alliance is a growing alliance group of 180+ accounting and law firms in  across 80+ countries globally. As part of this group, we can connect with like-minded members of Alliott Global Alliance in other jurisdictions to support and advise our clients who are wishing to explore and develop business opportunities both locally and internationally.