• Shiv Jaidka

JobMaker Eligibility Criteria

The JobMaker Hiring Credit scheme is an incentive for you to employ additional young job seekers aged 16–35. You can claim payments for each eligible additional employee for up to 12 months from their start date between 7th October 2020 and 6th October 2021.

Benefit Amount

  • Employee aged 16-29 Years – $200/week (i.e. $10,400 for one year for each eligible employee)

  • Employee aged 30-35 years - $100/ week (i.e. $5,200 for one year for each eligible employee)

It is a significant amount to contribute to a new hire.

Employer Eligibility:

  • Your Activity Statement and Income Tax Lodgement should be up to date.

  • You must be reporting payroll through Single Touch Payroll (STP)

  • The accuracy of the headcount and payroll

  • You cannot claim JobMaker if you are claiming JobKeeper for the same period.

Employee Eligibility:

  • Other than the age and start period that is mentioned above:

  • The employee must works for at least 20 hours a week.

  • The employee must have received Parenting Payment, Youth Allowance or JobSeeker payment for at least 4 of the 12 weeks pre-commencement of employment.

  • Is not your close associate or relative

How to claim the benefit

  • Register with the ATO via online services

  • Nominate additional eligible employees through STP

  • Make a claim every three months.

Please contact me if you wish to discuss further.

  • LinkedIn
  • Facebook
  • Twitter

Waterman Business Centre

1341 Dandenong Rd

Chadstone VIC 3148

PO Box 4109

Narre Warren South VIC 3805

K2 Advisors Pty Ltd Chartered Accountants | Director: S Jaidka

Liability limited by a scheme approved under Professional Standards Legislation

Shivdeep Jaidka is Limited Authorised Representative 1257018 of SMSF Advisers Network Pty Ltd

Australian Financial Services Licence 430 062 | ABN 64 155 907 681

©2021 by RTO Accounts. Designed by Wayne Schmidt