The Federal Government has reduced restrictions on charities accessing the JobKeeper payment. Under the initial arrangements, NFPs with a turnover of less than $1 billion needed to have recorded a decline in revenue of at least 30 per cent. Charities with a turnover above that figure were only able to claim the payment if their revenue had halved.
The new eligibility requirements allow charities to access the JobKeeper payment if they have seen a 15 per cent decline in revenue. This will apply to all registered charities, including those with a turnover of more than $1 billion.
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