The JobKeeper Payment Scheme is a Federal Government economic response to COVID-19 that provides wage subsidies to eligible businesses that have been significantly impacted by the COVID-19 pandemic.

Enrolments opened on 20 April 2020 and if approved, eligible businesses could receive $1500 per eligible employee per fortnight, with the payments being made fortnightly, in arrears.

On 27 September this Scheme, as it’s currently operating, will cease to exist and JobKeeper 2.0 will take its place. JobKeeper 2.0 will apply from 28 September 2020 to 28 March 2021.

Under this next phase, eligibility rules continue to apply but with some adjustments. Payment rates will also be adjusted.

Please read our FAQs below for a comprehensive summary of the rules and eligibility criteria of each Scheme.

How we can help

To find out more on the JobKeeper Payment, contact your local William Buck Tax Services specialists.

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