Dealers were earlier advised in a AADA Bulletin of changes to the JobKeeper scheme which has now been extended to 28 March 2021 for eligible businesses.
From 28 September, the new JobKeeper arrangements will come into effect. These changes introduce stricter eligibility criteria, which largely as a result of a strong month in June, potentially exclude many Dealers from participating in the revised scheme.
Details of the changes can be found in the attached fact sheet but in summary are as follows:
- From 28 September 2020, businesses and not-for-profits will be required to reassess their eligibility with reference to their actual GST turnover in the June and September quarters 2020. They will need to demonstrate that they have met the relevant decline in turnover test in both of those quarters to be eligible for the JobKeeper Payment from 28 September 2020 to 3 January 2021.
- From 4 January 2021, businesses and not-for-profits will need to further reassess their turnover to be eligible for the JobKeeper Payment. They will need to demonstrate that they have met the relevant decline in turnover test with reference to their actual GST turnover in each of the June, September and December quarters 2020 to remain eligible for the JobKeeper Payment from 4 January 2021 to 28 March 2021.
We want to hear from members about the effect the new arrangements will have on Dealers. We will use the information gathered through this survey to inform the Government about the impact on Dealer businesses and their employees.
Please complete this survey by Thursday 6 August. Any personal or Dealer specific information will remain confidential.