Although it has been a salvation for many businesses over the last year, the second JobKeeper payment extension provided by the Australian Government is due to end on 28 March 2021.
While it has been made clear that the JobKeeper scheme will not be extended, there are several other initiatives already in place or being proposed, such as the
JobMaker Hiring Credit, which aims to aid businesses in employing new staff and reduce the unemployment rate of younger Australians.
If you are continuing JobKeeper until the end of the final extension period, there is nothing you need to do to exit the program.
Businesses are still required to complete monthly declarations between day 1 and 14 of each month to claim payments for the previous month, however JOBKEEPER-FINISH-FNXX allowances for your employees do not need to be processed at the conclusion of the scheme.
If you would like assistance managing or exiting the JobKeeper program, we recommend reviewing our frequently asked questions and JobKeeper scenarios.
You can also perform a search in your browser for terms related to your question to find answers faster.
Alternatively, customers can speak to their Authorised Sybiz Business Partner for further help processing JobKeeper in Sybiz Visipay.