NSW Land Tax Assessments include a 2% Foreign Persons Surcharge for Family Trusts
Domenic Tartaglia • 1 December 2020

Jobmaker client guide

JobMaker can be complex and clients wishing to access the hiring credit will need to be fully informed about eligibility, enrolment and ongoing compliance.

 We have developed a  guide to help our clients understand the benefits and requirements of JobMaker. 

 

Download our JobMaker Guide


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.


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.


If you have any questions, please just contact your Aspen Corporate Advisor


by Aspen Corp 8 April 2025
The superannuation guarantee rules are broad and, in some circumstances, extend beyond the definition of common law employees to some directors, contractors, entertainers, sports persons and other workers.
by Aspen Corp 7 April 2025
The amount of money that can be transferred to a tax-free retirement account will increase to $2m on 1 July 2025.
by Aspen Corp 7 April 2025
In the 2025-26 Federal Budget the Government announced a ban on non-compete clauses and “no poach” agreements.
by Aspen Corp 7 April 2025
The personal income tax rate reduction announced in the 2025-26 Federal Budget was confirmed, from 1 July 2026, personal income tax rates will change.
by Aspen Corp 26 March 2025
Aspen Corp's 2025-26 Federal Budget Update
Australian girl holding a flag
by Aspen Corp 19 March 2025
Global Google searches for the word “tariffs” spiked dramatically between 30 January and 2 February 2025, a +900% increase to the previous 12 months. We look at what tariffs really mean.
More posts