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JobKeeper Tweak: More employer flexibility announced

Published by:
James Morris
Published on:
August 31, 2020
Modoras Accounting (QLD) Pty Ltd ABN 81 601 145 215
JobKeeper Tweak: More employer flexibility announced

Employers who are coming off the wage subsidy at the end of September have been granted extra industrial flexibility measures.

This tweak will allow employers who meet a 10 percent revenue loss test to continue to cut employee hours and change duties if required.

The change serves to aid legacy employers, those who have received JobKeeper but do not qualify for the second stage of the scheme.

The flexibility should allow businesses who are on the road to recovery but are not quite out of the woods to continue to trade, keep people in jobs and continue to rebuild.

How does a business qualify?

Businesses are require to hold an accountant issued certificate proving a 10 per cent decline in turnover for each quarter.

For small employers with less than 15 workers, a self-certificate will be accepted with penalties in place for untruthful applications.

Still receiving JobKeeper?

Those still receiving JobKeeper payments will be able to reduce hours to zero, adjust duties and work locations.

Legacy employers will only be allowed to cut hours to a high of 60 per cent of an employee’s ordinary hours of work at 1 March.

Other restriction changes prevent employers from requiring employees to work less than two hours on a usual work day, with any workplace changes needing to be communicated to the employee in written notice seven days in advance to the change.

Modoras is here to support you through the changes and help you build a resilient business. Make well-informed business decisions; contact us on 1300 888 803 to book a catch up with a Modoras professional.

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IMPORTANT INFORMATION: This blog has been prepared by Modoras Accounting (QLD) Pty. Ltd. ABN 81 601 145 215. The information and opinions contained in this blog is general information only and is not intended to represent specific personal advice (Accounting, taxation, financial, insurance or credit). No individuals’ personal circumstances have been taken into consideration for the preparation of this material. The information and opinions herein do not constitute any recommendation to purchase, sell or hold any particular financial product. Modoras Accounting (QLD) Pty. Ltd. recommends that no financial product or financial service be acquired or disposed of or financial strategy adopted without you first obtaining professional personal financial advice suitable and appropriate to your own personal needs, objectives, goals and circumstances. Information, forecasts and opinions contained in this blog can change without notice. Modoras Accounting (QLD) Pty. Ltd. does not guarantee the accuracy of the information at any particular time. Although care has been exercised in compiling the information contained within, Modoras Accounting (QLD) Pty. Ltd. does not warrant that the articles within are free from errors, inaccuracies or omissions. To the extent permissible by law, neither Modoras Accounting (QLD) Pty. Ltd. nor its employees, representatives or agents (including associated and affiliated companies) accept liability for loss or damages incurred as a result of a person acting in reliance of this publication. Liability limited by a scheme approved under Professional Standards Legislation.

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