Grow your business with the JobMaker Hiring Credit

The JobMaker Hiring Credit scheme’s second claim period is now open.

If you have taken on additional young employees since 7 October 2020 you may be eligible to claim JobMaker Hiring Credit payments for them.

Under the scheme, eligible employers can receive payments of up to:

• $10,400 over a year for each additional eligible employee aged 16 to 29 years

• $5,200 over a year for each additional eligible employee aged 30 to 35 years.

This can help with the cost of growing your business as you increase your employee headcount and payroll.

To participate you need to:

• register at any time until 6 October 2021

• nominate your additional eligible employees

• claim your payment.

If you are already participating in the scheme, make sure you still meet eligibility criteria before claiming for this period.

For more information, contact us on 02 6260 4994. 

Source: ATO June 2021
Reproduced with the permission of the Australian Tax Office. This article was originally published on https://www.ato.gov.au/Newsroom/smallbusiness/Employers/Grow-your-business-with-the-JobMaker-Hiring-Credit/.

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