JobMaker Hiring Credit - What is it?

The Australian Government has introduced the JobMaker Hiring Credit. The payment provides an incentive for employers to hire young job seekers, by delivering a payment to employers to help support the new employee’s wage costs.

Eligible employers can receive the payment for up to 12 months (between 7 October 2020 to 6 October 2021) for new jobs that employ an eligible young person.

How much is it worth?

Employers will be credited $200 a week for additional employees aged 16 to 29 years and $100 a week for new employees aged 30 to 35 years who meet the eligibility criteria.

What are the eligibility rules?

The new employee must:

The employee must not:

The employer must:

Additionally, the employer must not be:

What are the key dates?

Can new employing businesses claim credits?

If a business is newly established or has no employees as at 30 September 2020, they can only claim the credit for the second and subsequent new eligible employee.

How is the claim made?

The credit will be claimed quarterly in arrears by the employer from the Australian Tax Office, from 1 February 2021.

Other information

For any queries please call our office on 07 4151 8898.

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