Subsidies are available to any new employer who re-engages an eligible apprentice that was displaced by a small business employer from 1 March 2020.
Subsidies have been extended to medium sized businesses for wages paid from 1 July 2020.
Claims from small businesses are now open, while claims from medium-sized businesses will open on 1 October 2020. Final claims for payment must be lodged by 30 June 2021.
For further information on how to apply for the subsidy, including information on eligibility, visit the Australian Government information page Supporting Apprentices and Trainees.
If you’re finding it difficult to decide if this support program would be beneficial for your business, please contact our office and we can have a chat about the Pros and Cons.
Please Note: Many of the comments in this publication are general in nature and anyone intending to apply the information to practical circumstances should seek professional advice to independently verify their interpretation and the information’s applicability to their particular circumstances.