Registrations for the JobMaker Hiring Credit are now open
You can register using Australian Taxation Office (ATO) online services, the Business Portal or through your registered tax or BAS agent, at any time until the program closes.
Eligible employers will receive payments of:
- up to $200 a week – for each eligible employee aged 16 to 29 years old
- up to $100 a week – for each eligible employee aged 30 to 35 years old
Not-for-profit organisations can receive payments for new positions they create between 7 October 2020 and 6 October 2021, provided both the employer and employee meet eligibility criteria.
The positions must increase both the organisation’s:
- total employee headcount from 30 September 2020, and
- payroll for the reporting period, compared to the three months to 6 October 2020
The amount of JobMaker Hiring Credit claimed cannot exceed the amount that the organisation’s payroll increases for the reporting period.
Where all employer and employee eligibility criteria are met, new employees taken on until 6 October 2021 will attract the JobMaker Hiring Credit for up to 12 months from their employment start date. Claims can be made every three months from 1 February 2021.
Employers cannot receive the JobMaker Hiring Credit and JobKeeper payments at the same time. If you’re receiving a wage subsidy under another Commonwealth program for an employee, you cannot claim the JobMaker Hiring Credit for that employee.
Carrick Aland is Australian Multiservice Firm of the Year which recognises the stand out firm in the Australian accounting industry that most effectively diversifies its offerings with services complementary to accounting and we are thrilled to be recipients of this highly prestigious award. Call us in Dalby, Toowoomba or Chinchilla on 07 4669 9800.