From 28 September 2020 – There are two separate extension periods. For each extension period, an additional actual fall in turnover test applies and the rate of the JobKeeper payment is different.

The rate of the JobKeeper Payment will depend on the number of hours an eligible employee works or an eligible business participant is actively engaged in the business. It will be split into two rates:

  • Tier 1: This rate is expected to apply to:
    • all eligible employees who worked for 80 hours or more in the four weeks of pay periods before either 1 March 2020 or 1 July 2020, and
    • eligible business participants who were actively engaged in the business for 80 hours or more in February and provide a declaration to that effect
  • Tier 2: This rate is expected to apply to:
    • any other eligible employees and eligible business participants

From 28 September 2020 to 3 January 2021

The JobKeeper Payment rates will be:

  • Tier 1: $1,200 per fortnight (before tax)
  • Tier 2: $750 per fortnight (before tax)

From 4 January 2021 to 28 March 2021

The JobKeeper Payment rates will be:

  • Tier 1: $1,000 per fortnight (before tax)
  • Tier 2: $650 per fortnight (before tax)

Eligibility

In order to receive the JobKeeper Payment, you will need to meet certain eligibility criteria. You can work out eligibility for employers, employees and sole-traders on the ATO website.

Original source: https://www.business.gov.au/risk-management/emergency-management/coronavirus-information-and-support-for-business/jobkeeper-payment