The original JobKeeper payment scheme introduced by the Federal Government earlier this year has now concluded as of 27 September 2020 (applicable to fortnights 1 to 13).
From 28 September 2020, employers may be eligible to continue in the JobKeeper scheme, providing they meet the eligibility requirements including the actual decline in turnover test for the September 2020 quarter relative to a comparable period.
However, in the instance where employers will not qualify for the JobKeeper Extension (Jobkeeper 2.1), they will need to adjust their payroll settings and ATO reporting accordingly.
To assist employers navigate the payroll processing requirements in relation to the finalisation of the original JobKeeper payments for their staff, we have provided instructions and links for Xero, MYOB and QBO payroll.
Please see below for the relevant guides:
It is also important to keep in mind if you have added a JobKeeper Top Up pay items in your software to individual employee pay templates you will need to remove this line to avoid paying any top up amounts in future pay runs.
Lastly, as at 29 September a known issue concerning validation in errors in Xero concerning STP filing has been disabled by Xero until 12 October 2020. This temporary fix should allow for smoother STP processing for employers during this transition period.
If you do not report through STP or need assistance with this process, please get in touch with the team at Cutcher & Neale.
