JobMaker Hiring Credit Reporting Obligations Amendment Instrument 2021 (Cth)

Legislative Instrument

JobMaker Hiring Credit Reporting Obligations Amendment Instrument 2021

I, Christopher David Jordan, Commissioner of Taxation, make this determination under subsection 20(4) of the Coronavirus Economic Response Package (Payments and Benefits) Act 2020 and subsection 27(3) of the Coronavirus Economic Response Package (Payments and Benefits) Rules 2020.

Christopher David Jordan Commissioner of Taxation Dated: 16 April 2021

1. Name of instrument This determination is the JobMaker Hiring Credit Reporting Obligations Amendment Instrument 2021.

2. Commencement This instrument commences on the day after it is registered on the Federal Register of Legislation.

3. Schedules Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1 – Amendments

JobMaker Hiring Credit Reporting Obligations Instrument 2020

1. Section 5 (first paragraph) After "as it has in the Rules)" omit ")".

2. Section 5 (definition of claim period) Omit "section 11(1)", substitute "subsection 10(1)".

3. Subsection 7(1) After the reference to the Taxation Administration Act 1953, omit "must".

4. After subsection 7(2) Insert:

(2A) If the Commissioner is satisfied that subsection (2B) applies to an employer at a time on or after the first day of the jobmaker period and no later than the STP JobMaker Reporting Deadline for that jobmaker period, the employer is only required to notify the Commissioner of the details set out in paragraphs (2)(a) and (c) for that jobmaker period and any subsequent jobmaker periods.