End of JobKeeper FAQs

The JobKeeper scheme’s comes to an end on the 28 March 2021 and we’ve compiled responses to your frequently asked questions.

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$155m Claw Back in JobKeeper Over-Payments

The ATO aims to claw back $155m in JobKeeper overpayments, as it pursues businesses that are deemed to have undertaken deliberate or reckless actions to access the wage subsidies, despite not being entitled to them.

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JobKeeper Extension 2 Starts Soon

JobKeeper Extension 2 starts soon and will run from 4 January 2021 to 28 March 2021. Employers will need to show that their GST turnover has declined in the December 2020 quarter, relative to the corresponding quarter in 2019.

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JobKeeper 2.0 Legislated

JobKeeper extension (JobKeeper 2.0) with ‘Amending Rules’, officially legislated.

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JobKeeper 2.0

Treasurer Josh Frydenberg has today announced the eligibility for JobKeeper 2.0 will now be based on individual quarters.

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COVID-19: JobKeeper Payment and Income Support Extended

The federal government has announced the JobKeeper Payment will be extended to 28 March 2021 and also extended the temporary Coronavirus Supplement to 31 December 2020.

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Thoughts From Our Principals

Mark Semmens

Mark is a Chartered Accountant with a wealth of experience in accounting and taxation. Mark is a Member of Chartered Accountants Australia and New Zealand, the Tax Practitioners Board and the National Tax and Accountants Association.

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Daniela Semmens

Daniela Semmens is a Co-Director of Semmens & Co. and joined the company as General Manager in 2017. Daniela is an Affiliate Member of Chartered Accountants Australia and New Zealand and also a Member of the Australian Institute of Project Management.

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For any enquiries into our team or our services please contact Semmens & Co. via email at info@semmensco.com.au or call us on 03 8320 0320

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