The Treasurer has finally released the detailed Rules dealing with the extension of the JobKeeper scheme until 28 March 2021. The rules and explanatory statement flesh out the high level comments that have previously been provided by Treasury on how the extended JobKeeper scheme will operate in practice. The ATO has also released detailed guidance on specific areas of the new rules, including how to calculate GST turnover and modified rules for determining the payment rate that applies for individuals.
The JobKeeper 2.0: The New Rules Webinar explores the practical implications for employers, employees and business participants as we move from the original JobKeeper scheme into the expanded system.
We walk through the eligibility tests, how the decline in turnover tests work, applying the new payment rates, compliance and the overlap between the original and the extended rules.
Clients currently eligible for JobKeeper want to know, right now, whether they are eligible for Jobkeeper from 28 September 2020 and what they need to be doing to meet the compliance requirements. This essential webinar walks through the new Rules and explores the compliance requirements.
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.
*The office rate applies per office location (maximum temporarily increased to 20 participants per office location). The PD points for all attendees will be recognised - multiple links at same location if required. We will contact you for the names of your team once you have registered as an office.