The changes will also see the total rebate amount per new job increase from $5,000 to $6,000. New jobs commencing on or after July 31, 2016, will receive a rebate of $2,000 payable on the first anniversary and $4,000 on the second anniversary.

The Jobs Action Plan is designed to give businesses an incentive to employ new workers and expand their enterprises in both metropolitan and regional areas in NSW.

Scheme end date

The rebate is available for eligible jobs commencing on or after 1 July 2011 and before 1 July 2019.

Note: a registration for a new job must be made within 90 days of the job commencement date.

Application for registration

Employers are required to register the employment of a person in a position that is a new job and advise the number of NSW FTE employees immediately before the position was filled. Registration may be made:

• by an employer who is registered and paying payroll tax in NSW
• within 90 days after the employment to which the application relates first commences.

Eligible employment

The employment of a person is eligible for the rebate scheme if the employment meets all of the following conditions:

• a person if employed (full time or part time) in a position that is a new job
• the employment commences on or after 1 July 2011
• the employment is maintained for the minimum employment period
• the services of the employee are performed wholly or mainly in NSW.

New job

A position is a new job if the employment of a person in that position results in a sustained increase in the employer’s NSW FTE employees. This increase must be sustained on both the first and second anniversaries of the date the employment commenced. However if employment is only maintained for the first year then the rebate will only be paid for that year.

Calculation of the number of NSW FTE employees

The number of NSW FTE employees of an employer on the date of appointment of a new employee (excluding the new employee) and on the first and second anniversary of a new employee’s appointment (including the new employee) is the sum of F + A/B, where:

• F = the number of full-time NSW employees on that date
• A = the total number of hours worked in the preceding pay period by all part-time NSW employees employed on that date
• B = the average number of hours worked in the preceding pay period by all full-time NSW employees employed on that date

The Chief Commissioner may agree to an alternative method of calculating the number of NSW FTE employees if it is too difficult or costly to determine the exact figures.

To read more about the Jobs Action Plan and to find out if you are eligible, click here.