JobKeeper 2.1 Explained

JobKeeper 2.1 Explained

JobKeeper 2.1 is the latest version of the Government Stimulus scheme which was announced earlier this year to support the economic recovery as a result of the Covid-19 pandemic.

A further extension to the scheme was announced on the 7th August to further tailor temporary economic measures to support sectors, regions and communities that are continuing to face challenges.

We appreciate that keeping on top of these changes can be difficult while also juggling the day to day operations of your business and trying to keep it profitable in these unprecedented times. 

To help you, we’ve collated the below which outlines all the key information you need to know.

Eligibility

To find out if you’re still eligible of if you now meet the eligibility criteria our previous blog explains this in more detail. Click here to find out more.

JobKeeper 2.1 Summary
JobKeeper 2.1 Payroll Cycles
JobKeeper 2.1 Payroll Cycles continued
JobKeeper 2.1 Schedule of Fortnights

Download the full JobKeeper 2.1 Flyer for your reference

To decipher what these recent changes mean for your business, we recommend using a reputable and experienced business advisor who can explain these updates in more detail.

Feel free to book in a time to speak with our 8 Collective Advisory team so we can start assisting you today.

Source: The Tax Institute & treasury.gov.au. Information current as at 21 September, 2020.

Share this on:

Sign up to the 8 Collective Newsletter for all the latest news and updates

By submitting this form I confirm that I have read and accept the Privacy Policy