Single Touch Payroll (STP) - JobKeeper Extension Update

The JobKeeper Payment, which was originally due to run until 27 September 2020, will now continue to be available to eligible businesses (including the self-employed) and not-for-profits until 28 March 2021.

The ATO announcement is referenced here:

https://www.ato.gov.au/General/JobKeeper-Payment/JobKeeper-extension-announcement/

The extension of the scheme applies over the subsequent 2 Quarters, introducing both lower payment rates per quarter than the initial JobKeeper Payment rate and a tiered-rate approach to workers, based upon average hours worked per week in a reference period (see below), rather than a flat rate for all workers.

Quarter 3 (28 September 2020 to 3 January 2021) comprises 7 fortnights of:

  • Tier 1 - $1,200 per fortnight for those working 80 hours or more in any reference period; and
  • Tier 2 - $750 per fortnight for those working fewer than 80 hours in any reference period

Quarter 4 (4 January 2021 to 28 March 2021) comprises 6 fortnights of:

  • Tier 1 - $1,000 per fortnight for those working 80 hours or more in any reference period; and
  • Tier 2 - $650 per fortnight for those working fewer than 80 hours in any reference period

The 2020.10 release and hotfix “JobKeeper 20200923 JobKeeper Extension Update” when applied to Insol6 software will update:

Employee Details

Add the new start and end fortnights in the Employee details. There are now 26 fortnights:

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JobKeeper accounts

For every job that has an existing JobKeeper account the account name will be updated to “JobKeeper 30/3/20 – 28/9/20”

For every job that has an existing JobKeeper account two new accounts will be created called “JobKeeper Tier 1” and “JobKeeper Tier 2”.  These accounts are automatically configured as allowances accounts with the appropriate allowance classification for JobKeeper.

 

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Pay Wages

The wages form will also need to be updated with JobKeeper Tier 1 and JobKeeper Tier 2

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Employee STP Payment Summary Listing report

The Employee STP Payment Summary Listing is currently reporting the Gross inclusive of JobKeeper on the Report however the correct value is submitted to the ATO via STP. In the upcoming product release there will be a separate column “Allowances reported separately” and JobKeeper will be in there with all other allowances that are required to be reported separately.

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XML output

XML for above employee:

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JobKeeper FN Start Date and End Date will report on the Employee STP Payment Summary Listing only when exported as excel RAW

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JobKeeper FN period relating to the payment will report in the Memo field on the Employee STP Payroll Event Report and when exported as excel RAW

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