Government COVID support extended for businesses till March 2021 JobKeeper 1.0 (JK 1) ended on 27th September and is replaced by JobKeeper 2 (JK 2), which is divided into two parts – Extension 1 runs from 28 September 2020 to 3 January 2021 and Extension 2 runs from 4 January 2021 to 28 March 2021.
What does it mean for you? The measures at a glance: Planned personal tax cuts (Stage 2) have been brought forward to 1 July 2020 as have new Low Income Tax Offsets (LITO). Low and Middle Income Tax Offsets (LMITO) have been retained for the 2020-21 year. Personal Tax Cuts effective 1 July 2020 The
The JobKeeper Payment is a Government scheme targeting support to business and not-for-profit organisations significantly affected by COVID-19, to help keep more Australians in work, and is administered by the Australian Taxation Office (ATO). The Government has announced that the JobKeeper scheme will be extended for a further six months from 28 September 2020 until 28 March
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