Recent Posts

Archive

Tags

What is JobMaker?



JobMaker is a credit available to eligible businesses and non-profit entities that create new jobs (not if you are merely replacing someone who left). The hiring credit is available for jobs created from 7 October 2020 until 6 October 2021 and provides:

  • $200 per week for new employees between 16 to 29 years of age; and

  • $100 per week for new employees between 30 to 35 years of age.

Administered by the ATO, JobMaker is a credit that is paid quarterly in arrears from the start date of the employee for 12 months, assuming the business and employee remains eligible (see JobMaker Eligibility).


The credit is an incentive for the employer to support wage costs and is not passed onto the employee.


Unlike JobKeeper, JobMaker can apply to new businesses and the business does not need to satisfy a decline in turnover test to receive payments.


A series of people are excluded from the JobMaker scheme including employers receiving JobKeeper, employees receiving an apprentice wage subsidy, and close associates of the business including some relatives of the business owners (see Who is not eligible for JobMaker?).


To access JobMaker payments, you will need to:


To know more about JobMaker Hiring Credit Scheme and JobMaker Eligibilty/Non-Eligibilty see our article: JobMaker Hiring Credit Scheme


To know how to register for JobMaker see our article: How to Register for JobMaker

Contact Details

IGnite Accountants & Financial Services
Level 1, Suite 3

14 Sydney Road
Manly NSW 2095

Phone: (02) 8005 0380

TA 25191303

2050064

©2016 by IGnite Accountants & Financial Services. 

3338