The JobMaker Hiring Credit scheme is officially open, with businesses now able to apply for the scheme as it enters its first quarterly claim period.
The first claim period for JobMaker opened on 1 February 2021 and closes on 30 April 2021. The scheme is open until 6 October 2022.
The JobMaker scheme is a payment-based program to incentivise employers to increase their staff headcount and hire new workers. It is aimed to boost the employment prospects for 16-35 year olds who were particularly impacted by restrictions imposed due to COVID-19.
For each JobMaker period, businesses must show an increase in their employee headcount and in the employee payroll, with the amount received based on the number of eligible employees they have hired.
There are two payment rate depending on the age of the new employee:
To be eligible, a ‘new’ employee must:
Employers are required to:
The employer must:
JobMaker cannot be claimed for:
Click here for full eligibility criteria and further information.
If you would like assistance applying for the JobMaker scheme or have any questions, please contact us.
AFS & Associates Chartered Accountants
T: 03 5443 0344 • E: email@example.com • 61 Bull St, Bendigo VIC 3550