Federal Government Wage Subsidy

The Government is supporting small businesses to retain their apprentices and trainees.

Federal Government Announcement for Small Businesses

What does it mean for my business?

In response to the impact of the coronavirus (COVID-19), the Government is supporting small businesses to retain their apprentices and trainees.

Here’s what you need to know:
  • Eligible employers can apply for a wage subsidy of 50 per cent of the apprentice’s or trainee’s wage for 9 months from 1 January 2020 to 30 September 2020
  • The subsidy will be available to small businesses employing fewer than 20 employees who retain an apprentice or trainee
  • Employers of any size and Group Training Organisations that re-engage an out-of-trade apprentice or trainee may be eligible for the subsidy
  • The apprentice or trainee must have been in-training with a small business as at 1 March 2020
  • Where a small business is not able to retain an apprentice, the subsidy will be available to a new employer
  • Employers will be able to access the subsidy after an eligibility assessment is undertaken by an Australian Apprenticeship Support Network (AASN) provider
  • Employers can register for the subsidy from 2 April 2020
  • Final claims for payment must be lodged by 31 December 2020

More information is also available through Apprenticeship Support Australia and The Treasury website.
 
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