Single Touch Payroll (STP) Phase 2 reporting starts 1 January 2022. If you employ staff, you’ll need to be ready for this change. New guidelines that explain the changes are now available to help.
Employers wanting to claim JobKeeper payments from 28 September will need to reassess their eligibility and prove that turnover has declined. Some businesses that did not qualify for the original JobKeeper payments may find that they now qualify for the new JobKeeper payments.
The Queensland Criminal Code has been amended to enable employers to be prosecuted for stealing if they intentionally fail to pay or underpay their employees’ wages or other entitlements. If you’re an employer, do you know what’s required in relation to the new wage theft offence?
We provide a summary of the update including announcements made in relation to the COVID-19 Coronavirus Supplement and JobSeeker Payment, JobKeeper Payment, Apprentices and Trainees wage subsidy and the Coronavirus SME Guarantee Scheme.
The Government is extending the JobKeeper Payment by a further six months to March 2021. Support will be targeted to businesses and not-for-profits that continue to be significantly impacted by the Coronavirus. The payment rate will be reduced and a lower payment rate will be introduced for those who work fewer hours. Retesting of eligibility will apply.