The first claim period for the JobMaker Hiring Credit opened on 1 February 2021 and closes on 30 April 2021. The scheme is open until 6 October 2022.
To be able to claim JobMaker Hiring Credit payments during this claim period, businesses must register and meet the eligibility requirements before it ends, and can submit their claim by registering using ATO online services or the Business Portal, or through their registered tax or BAS agent.
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.
Businesses nominate their eligible additional employees by running payroll events through their Single Touch Payroll-enabled software, before claiming payments by entering their headcount and payroll for the JobMaker period.
Under the scheme, eligible businesses can access the payment for up to 12 months for each eligible additional employee they hire between 7 October 2020 and 6 October 2021, and will be able to claim up to $200 a week for each additional eligible employee they hire aged 16 to 29 years, and up to $100 a week for those aged 30 to 35 years.
Employees need to have completed a minimum average of 20 hours (worked or paid) per week during the time they were employed in the JobMaker period.
“We have resources available to help you with the JobMaker Hiring Credit, including a guide and tool for estimating payments,” the ATO said in a website update.
“You can register at any time until the scheme ends, but when you register will affect the periods you can claim for.”
View the full criteria for businesses in making a JobMaker claim by clicking here.