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JobMaker Hiring Credit Exposure Draft Rules

The Joint Bodies welcome the JobMaker Hiring Credit (JobMaker) measure.

We have reviewed the Exposure Draft Coronavirus Economic Response Package (Payments and Benefits) Amendment Rules (No. 9) 2020 (Exposure Draft Rules) and the Exposure Draft Explanatory Material (Explanatory Material) published by Treasury on 30 October 2020.

Ahead of the Exposure Draft being finalised and registered, the Joint Bodies would like to raise a number of issues for Treasury’s consideration.

Submission prepared by:

The Joint Bodies
(Chartered Accountants Australia and New Zealand, Corporate Tax Association, CPA Australia, Institute of Public Accountants, Law Council of Australia and The Tax Institute)

Submitted to:

Manager
JobKeeper Division – Fiscal Group
The Treasury

For more information, contact:

Julie Abdalla, FTI
Tax Counsel, The Tax Institute
(02) 8223 0058