Government Assistance for Apprentices and Trainees
As part of government’s ongoing support during the COVID-19 crisis, there is assistance to help eligible businesses to ensure they can continue to employ their apprentices and trainees. This includes a 50% wage subsidy of the apprentice or trainee’s wages paid since January 1, 2020 to September 30, 2020 for these eligible businesses. Where a business is not able to retain an apprentice or trainee, the subsidy will be available to a new employer. Employers may receive up to $21,000 per eligible apprentice or trainee – or $7,000 per quarter.
Eligible Business
- Businesses that have less than 20 employees.
- Currently employ and retain an apprentice or trainee. The apprentice or trainee must have been in training with the business as at 1 March 2020.
- Large business and group training organisations will also be eligible for these benefits if they employ an out-of-trade apprentice.
An eligibility assessment will be assessed by an Australian Apprenticeship Support Network (AASN) provider before employers can access the wage subsidy.
Timing
Employers can start to register for the subsidy from 2 April 2020. Final claims for payment must be lodged by 31 December 2020.
For further information on how to apply for the subsidy please contact an Australian Apprenticeship Support Network provider https://www.australianapprenticeships.gov.au/search-aasn.
Remember, we’re here to help! Here’s what Advivo is doing to help our clients and friends through these turbulent times and we urge you to please contact us sooner rather than later if you would like any assistance with these.
