Time running out to register for the JobMaker Hiring Credit.

The JobMaker Hiring Credit scheme's third claim period is now open, so if a taxpayer has taken on additional eligible employees since 7 October 2020, they may be able to claim JobMaker Hiring Credit payments for their business.

Eligible businesses can receive up to:

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

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

The JobMaker Hiring Credit is available to businesses for each additional eligible employee hired before 6 October 2021.

If your business is thinking about taking on extra staff, please contact us to check if you are eligible to participate in the scheme.

If you need further information about the contents of this blog or our other editions, please contact us.