Apprenticeship Boost Entry
A reminder that as part of the Economic Response to COVID-19, the Australian Government introduced the Boosting Apprenticeship Commencements subsidy to support apprentices and trainees. Through the subsidy, any business that employs an Australian Apprentice or Trainee between 5 October 2020 and 30 September 2021 may be eligible to receive a subsidy of 50% of gross wages paid to a new or re-commencing apprentice or trainee over a 12-month period from the date of commencement. Eligible employers will receive a wage subsidy of up to 50% of the gross wages of up to $7,000 per quarter. There is no cap on the number of eligible trainees/apprentices. Final claims for payment must be lodged by 30 June 2021.
Your small business may be eligible if:
you employ fewer than 20 people; or
you are a small business with fewer than 20 people, using a Group Training Organisation; and
the apprentice or trainee was undertaking an Australian Apprenticeship with you on 1 July 2020 for claims after this date. Claims prior to 1 July 2020, will continue to be based on the 1 March 2020 eligibility date.
Your medium-sized business may be eligible if:
you employ fewer than 200 people; or
you are a medium business with fewer than 200 people, using a Group Training Organisation; and
the apprentice or trainee was undertaking an Australian Apprenticeship with you on 1 July 2020.
The wage subsidy is capped at $7,000 per quarter for gross wages and is separate to the JobTrainer Skills package
For more information click here or visit the 2020-21 Budget on the JobMaker plan.