The JobMaker Hiring Credit scheme is designed to encourage businesses to employ additional young jobseekers aged 16-35 years. The hiring credit subsidises an increase in employee headcount.
Registration for the scheme has been open since December 2020. Employers can still register for the scheme now, even if you have already put on eligible workers since 7 October last year.
Is Your Business an Eligible Employer?
Various factors must be satisfied for an employer to receive the hiring credit payment, including:
- You must register for the scheme with the ATO by the due date of the first JobMaker period you are claiming.
- You must be registered for PAYG withholding.
- You must be up to date with income tax and activity statement lodgments for the previous two years.
- You must not be claiming JobKeeper in the same period.
- You must be reporting Single Touch Payroll.
Payment Rates
- 16 to 29 years old – $200 per week
- 30 to 35 years old – $100 per week
For more details about the scheme, go to ATO JobMaker Hiring Credit Scheme webpage
Or book a time with us to discuss whether your business can access the hiring credits, and we’ll make sure your business can verify the payroll increase. We can also take care of the ATO reporting and claiming process for each JobMaker period on your behalf.