The alternative tests JobKeeper 2.0 The practical application Where the alternative tests for 2.0 differ
On 23 September, the alternative JobKeeper tests were released to help determine whether an entity passes the original decline in turnover test for JobKeeper fortnights starting on or after 28 September 2020 as well as determining whether an entity passes the new additional decline in turnover tests to access the JobKeeper extension from 28 September onwards. These alternative tests are aimed at entities that cannot pass the basic version of the tests.
The JobKeeper: the Alternative Tests Webinar provides clarity on the application of the alternative tests.
Alternative tests are available for entities:
That commenced business before 1 March 2020 but don't have a standard comparison period
That have undergone an acquisition, disposal or restructure
That had a substantial increase in turnover
That were affected by drought or other disasters
That have irregular turnover, and
For sole traders or small partnerships affected by sickness, injury or leave.
We step you through the tests and how to apply them in real life scenarios.
What we cover
The JobKeeper: the Alternative Tests Webinar covers:
When the alternative tests can be used
Step by step guide to the most common alternative tests
Practical problem areas when using these tests
Key differences between the original alternative tests and the updated version
The modified tests for entities that provide labour to related parties
Michael Carruthers
Tax Director, Knowledge Shop
Michael oversees the development of the tax team for Knowledge Shop and Hayes Knight in Sydney and is head of the Easton group’s national tax committee.
Michael has a knack for seeing through the complexity and helping practitioners work through highly technical issues with certainty and accuracy. Michael is a member of the advisory panel for the Board of Taxation and was a member of the reference group for the Board’s review of small business concessions.
He was also an expert panel member for the Board’s review of tax impediments facing small business.
Michael Carruthers
Tax Director, Knowledge Shop
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