Apprentice Wage Subsidy Support Extended

Small Business

Apprentice Wage Subsidy Support Extended

Just prior to the Federal Budget, the Government announced the extension of the:
  • Boosting Apprenticeship Commencements wage subsidy, and

  • Completing Apprenticeship Commencement wage subsidy.

Any employer (or Group Training Organisation) who takes on an apprentice or trainee up until 30 June 2022 can gain access to:
  • 50% of the eligible Australian Apprentice’s wages in the first year, capped at a maximum payment value of $7,000 per quarter per Australian Apprentice,

  • 10% of the eligible Australian Apprentice’s wages in the second year, capped at a maximum payment value of $1,500 per quarter per Australian Apprentice, and

  • 5% of the eligible Australian Apprentice’s wages in the third year, capped at a maximum payment value of $750 per quarter per Australian Apprentice.

 

Got a question? Contact us on (08) 8224 0066 or [email protected] 

 

PDF Version: Apprentice Wage Subsidy Support Extended

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