Eligible employers can access the JobMaker Hiring Credit scheme for eligible additional employees they hire between 7 October 2020 and 6 October 2021, for a maximum claim period of 12 months from their employment commencement date.

Through the JobMaker Hiring Credit scheme, eligible employers may receive payments of up to:

$200 per week for each eligible additional employee aged 16–29 years old inclusive.

$100 per week for each eligible additional employee aged 30–35 years old inclusive.

Employers can register with the ATO now and make a claim for the first JobMaker period from 1 February 2021.

Eligible employees must have received one of these payments for at least 28 consecutive days (or 2 fortnights) in the 84 days (or 6 fortnights) prior to starting employment

• JobSeeker Payment
• Parenting Payment
• Youth Allowance (except if they were receiving the allowance because they were undertaking full-time study or are a new apprentice).

What conditions are there?

Please note, to be an eligible employer you will need to satisfy all of the following conditions;

• has registered for the JobMaker Hiring Credit scheme
• either
  -Operates a business in Australia.
  -Is a not-for-profit organisation operating in Australia.
  -Is a deductible gift recipient (DGR) endorsed either as a public fund or for a public fund you operated under the Overseas Aid Gift Deductibility Scheme (DGR item 9.1.1) or for developed country relief (DGR item 9.1.2).

• holds an Australian business number (ABN)
• is registered for pay as you go (PAYG) withholding
• has not claimed JobKeeper payments for a fortnight that started during the JobMaker period
• is up to date with income tax and GST returns for the two years up to the end of the JobMaker period for which they are claiming
• satisfies the payroll increase and the headcount increase conditions
• satisfies reporting requirements, including up to date Single Touch Payroll (STP) reporting
• does not belong to one of the ineligible employer categories.

Please note, the Employee will need to meet the following conditions;

• are an employee of the entity during the JobMaker period
• are aged 16–35 years old when they started employment
• started employment on or after 7 October 2020 and before 7 October 2021
• worked or have been paid for an average of at least 20 hours per week they were employed in the JobMaker period
• have completed a JobMaker Hiring Credit employee notice for the employer
• have not already provided a JobMaker Hiring Credit employee notice to another current employer
• received one of these payments for at least 28 consecutive days (or 2 fortnights) in the 84 days (or 6 fortnights) prior to starting employment
• JobSeeker Payment
• Parenting Payment
• Youth Allowance (except if they were receiving the allowance because they were undertaking full-time study or are a new apprentice).

For further information please visit https://www.ato.gov.au/General/JobMaker-Hiring-Credit/

If you think you qualify for this incentive, please don’t hesitate to contact our office to discuss further.