30 April JobMaker Hiring Credit deadline approaching

The JobMaker Hiring Credit is a scheme designed to incentivise businesses to employ additional young job seekers aged 16 - 35 during the COVID-19 recovery.

Employers can receive up to $10,400 per year for each new job they fill between 7 October 2020 and 6 October 2021 with an eligible employee aged 16 to 29 years, and up to $5,200 a year for each eligible employee aged 30 to 35 years.

The first JobMaker period ran from 7 October 2020 to 6 January 2021, and claims for this period must be submitted by 30 April 2021.

To access the JobMaker Hiring Credit employers looking to receive payments need to:

• Check they are an eligible employer
• Employ eligible additional employees
• Register for the JobMaker Hiring Credit before the first claim
• Satisfy both the headcount increase condition and the payroll increase condition

Pop in or call your local TaxAssist Accountant who can check you are an eligible employer and register your company.

 

Last updated: 22nd April 2021