End of Financial Year (EOFY)
In response to the economic challenge posed by COVID-19 (also known as coronavirus), the Australian Federal Government introduced a temporary wage subsidy called JobKeeper for eligible employers who can receive financial support to retain employees during the COVID-19 shutdown period. The Government has recently extended the JobKeeper scheme (‘JobKeeper 2.0’) to 28 March 2021.
There are two separate extension periods. For each extension period, an additional actual decline in turnover test applies and the rate of the JobKeeper payment is different. The extension periods are:
- Extension 1: from 28 September 2020 to 3 January 2021
- Extension 2: from 4 January 2021 to 28 March 2021
About the JobKeeper Program
To receive assistance from the JobKeeper program, employers must first assess their eligibility to participate. For more information about the JobKeeper Program, please refer to the ATO’s JobKeeper website.
Managing JobKeeper payments using Aurion
For eligible, participating Aurion clients who have confirmed that they will be paying employees under the JobKeeper 2.0 extension program, download the step-by-step guide to configuring your Aurion solution to manage JobKeeper 2.0 extended payments.
Please note: This guide is intended for use by customers who have already been paying JobKeeper using Aurion during the first phase of the JobKeeper scheme. If you’re just starting to process JobKeeper payments now, do not use this guide, and contact the Aurion Support team at https://support.aurion.com or 1300 AURION for assistance.