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11 Feb 2021 Business Measures

JobKeeper extension 2: Different payment rates

The second JobKeeper extension has started. It covers the JobKeeper fortnights between Monday, 4 January and Sunday, 28 March 2021.

There are different payment rates for eligible employees in the second JobKeeper extension. These are:

  • Tier 1: $1,000 per fortnight (before tax)
  • Tier 2: $650 per fortnight (before tax).

More information can be found here.

Claiming the JobMaker Hiring Credit: Tools and Guide

Businesses can claim payments for new positions they create under the JobMaker Hiring Credit until 6 October 2021.

The JobMaker Hiring Credit is paid every three months in arrears to employers and can be claimed from 1 February 2021 for the first JobMaker period. The claim period closes on 30 April.

The ATO has published the JobMaker Hiring Credit Guide, which can be accessed here.

Information on how to register for the JobMaker Hiring Credit is available here.

ATO Online services webinar: How to use and navigate the new service

The ATO’s Online services for business is replacing the Business Portal. Learn how to log in and navigate Online services for business in the Connecting online with the ATO: Businesses webinar.

The webinar will help you to find and log into the new service, access functions you currently use on the Business Portal and navigate the new functions in Online services.

Register for the webinar here.

Single Touch Payroll

Changes to STP reporting from 1 July

You and your employer clients should be reporting through Single Touch Payroll (STP) unless they only have closely held payees, or they are covered by a deferral or exemption. There are changes to STP reporting for small employers with closely held payees and quarterly reporting for micro employers from 1 July 2021. This may affect how you or your clients report to us.

More information can be found here.

Concessional reporting

  • Seasonal and intermittent employers: If you are a seasonal and intermittent employer, you may be eligible to lodge your STP report quarterly until 30 June 2021. Find out more here.
  • Not-for-profit clubs and associations: Not-for-profit clubs or associations (for example, school parent associations or local sporting clubs) who are micro employers (making payments to employees or volunteers) can choose to report quarterly until 30 June 2021. Find out more here.
  • Micro employers: If you are a micro employer and need more time to move to real-time digital reporting, you can apply for the quarterly reporting concession. The concession approves you to report quarterly for two years through your registered tax or BAS agent. Find out more here.
  • Micro employers in the agriculture, fishing and forestry industry: If you are a micro employer in the agriculture, fishing or forestry industry and you need more time to move to real-time STP reporting, you can choose to report quarterly until 30 June 2021. Find out more here.
  • Closely held payees: Small employers (19 or fewer employees) are exempt from reporting closely held payees through STP until 30 June 2021. You do not need to apply for this exemption. From 1 July 2021, closely held payees will need to be reported through STP. You have the option to report this information on a quarterly basis. Find out more here.

Registered agents providing a payroll service

If you are a registered agent and provide a payroll service, you will need to use STP-enabled software to report for your clients. You will need to take the following steps before you can report through STP on behalf of your clients:

  • Be a registered agent
  • Be linked to your client
  • Notify the ATO of your unique software ID.

General information on STP for registered agents providing a payroll service can be found here. The Tax Practitioners Board’s information sheet TPB(I) 31/2016 Payroll service providers also provides additional guidance.

Handover checklist for not-for-profit administrators

Use this checklist when your not-for-profit organisation is changing the administrator of its tax affairs, for example a treasurer, office bearer or employee involved in the tax administration of your organisation. The checklist will help your organisation hand over its tax affairs to the new administrator.

Key dates for February 2021

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