New in from the ATO

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Job Maker Hiring Credit - This is a new incentive for businesses to employ additional young job seekers.

Eligible employers will have access to a JobMaker Hiring Credit for each new job they create over the 12 months from 7 October 2020, for which they hire an eligible employee, for a maximum claim period of 12 months from their employment start date. Subject to eligibility, the JobMaker Hiring Credit will be:

● $200 per week for each eligible employee aged 16 to 29

● $100 per week for each eligible employee aged 30 to 35