JobMaker – Is your business eligible?
The JobMaker Hiring Credit scheme is an incentive for businesses to employ additional young job seekers aged 16–35 years.
Eligible employers can access the JobMaker Hiring Credit for each eligible additional employee they hire between 7 October 2020 and 6 October 2021.
The scheme will provide payments to eligible employers for up to 12 months for new jobs created for which they employ the following workers:
– $200 a week for hiring a worker aged 16 to 29 on at least 20 hours a week
– $100 a week for those aged 30 to 35
Employer eligibility includes:
– Being up to date with GST and Tax Returns
– Satisfy STP reporting requirements
– Satisfy the payroll increase and the headcount increase
– Have not claimed JobKeeper payments for a fortnight that started during the JobMaker period
Don’t forget to check your state government incentives for hiring new employees.
NSW has the Payroll Tax Rebate Scheme
Government Support – did you get what you were entitled to?
2020 was a year of unprecedented events. In response, the government introduced support programs that were rushed through to assist businesses through these times, JobKeeper and PAYG Cash Boost. Now is the time to check that your business got what it was entitled to. Our experience with clients has shown that some businesses may miss out if they don’t review their accounts. It’s a good time to speak to your advisor and make sure you get what you’re entitled to.
Austrade
A great resource to keep up to date with what’s happening in the international education sector. It lists opportunities for the education sector. Well worth keeping an eye on for ventures and opportunities within the sector.