There are five steps that an employer will be required to do, in order to receive the JobMaker Hiring Credit from the government ( in addition to meeting the eligibility requirements noted above)
Register - Once
Nominate Eligible Employees - From Payroo
Claim the JHMR each quarter- From Portal
Inform Min hours for each Employee- From Payroo
Inform Terminated Employees- From Payroo
Step 1: Register
Employers can register for the JobMaker Hiring Credit through ATO online services, the Business Portal, or through a registered tax or BAS agent.
Step 2: Nominate 'Eligible Employees'
Each of the eligible additional employees must complete a JobMaker employee notice before the employer can nominate them. A completed notice verifies that the employee has declared they meet the eligibility requirements for the employer to receive the JobMaker Hiring Credit payment. This form should be retained by the Employer.
JobMaker Hiring Credit nomination via STP
Employers must use the STP payroll event to nominate employees eligible for the JobMaker Hiring Credit to the ATO.
Reporting of employees who have been nominated for the JobMaker Hiring Credit is expected to occur at the point of hiring during the JobMaker period dates, and prior to making a claim, noting it may take up to 72 hours for this information to be processed and made available for JobMaker Hiring Credit purposes.
To nominate an employee the Employer must ensure that they have included the correct information for the following Employee Details:
TFN
Commencement Date
Date of Birth
The process to notify the ATO of the Hiring Credit Nomination is to create an unscheduled Payrun for each Employee and including an Allowance in it, that has a specific Description of JMHC-NOM
See the screenshot on how to do this
Step 3: Claim the JMHR each quarter
Employers can claim every 3 months (in arrears) through ATO online services, the Business Portal, or through a registered tax or BAS agent, starting from 1 February 2020
Step 4: Informing 'Minimum Hours of each Employee'
An employer must inform the ATO via an STP payroll event when an employee that they have nominated has met the minimum hour's test for a JobMaker period that they intend to claim for.
Employers will need to report this Quarterly that they met the eligibility criteria.
Reporting of an employee meeting of the minimum hour's test is expected to occur at the point where the employer has confirmed the employee has met the test for the period, and prior to making a claim for the period, noting it may take up to 72 hours for this information to be processed and made available for JobMaker Hiring Credit purposes.
The process to notify the ATO of the minimum hours is by creating a Payrun for each Employee and including an Allowance in it, that has a specific Description of JMHC-P?? (where the ?? the JobMaker period the test was met in.
Each JobMaker period has its own unique code:
There is no requirement to keep reporting this information in subsequent STP payroll events.
Step 5: Notify if the employee is terminated
Go to the finalization screen, select the employee and finalize to let the ATO know about the termination via a single touch.
If you have any questions or feedback, please email us at support@payroo.com.au.