What is it?
JobMaker is a Government incentive designed to assist businesses in creating new jobs for those aged 16-35. Under the scheme, eligible employers can access payments called “JobMaker Hiring Credits” for each employee they hire (or have hired) between 7 October 2020 and 6 October 2021.
How does it help?
Subject to your business circumstances, you can receive payments of up to $200 per week, per employee for those aged 16-29 or payments of up to $100 per week, per employee for those aged 30-35.
These employees must fit the eligibility requirements including having commenced work within the required period.
How do I access it?
Registrations are now open and you can claim backdated payments from Wednesday 7 October 2020. The period to submit a claim for backdated payments is from Monday 1 February 2021 to Friday 30 April 2021.
You can estimate the payment you may receive by using this calculator.
In order for employers to be eligible they must fit the required criteria including being up to date with lodgement and reporting obligations.
What else do I need to know?
You can claim payments for employees for up to 12 months of their employment, as long as their start date commenced within the required period.
You cannot claim both JobKeeper and JobMaker at the same time, so those looking to claim both would need to commence the JobMaker claim after the JobKeeper scheme finishes on Sunday 28 March.