Your business may be eligible to receive up to $10,400 per year.
The Government has introduced a JobMaker Hiring Credit to be paid to Employers (and not to be passed onto employees).
The payment is an incentive for employers to hire people who have been receiving the JobSeeker Payment, Youth Allowance or Parenting Payment prior to being employed.
Employees won’t be eligible for the JobMaker Hiring Credit while they’re receiving JobKeeper payments. If needed, you can set a stop date for the relevant employee’s JobKeeper payments.
If you employ eligible employees between 7 October 2020 and 6 October 2021, your business may qualify for 12 months of JobMaker Hiring Credit. View the list of eligibility requirements on the ATO website linked below: