The Supporting Apprentices and Trainees wage subsidy was introduced by the Australian Government in August as part of their economic response to COVID-19. Previously, only small businesses were eligible to claim the wage subsidy.
The government is now extending and expanding the Supporting Apprentices and Trainees wage subsidy to include medium-sized businesses who had an apprentice in place on July 1, 2020.
Eligible small and medium business employers can apply for a wage subsidy of 50 per cent of an eligible apprentice or trainee’s wages, paid from July 1, 2020 to March 31, 2021.
Subsidies will also be available to any employer who re-engages an eligible apprentice that was displaced by an eligible small or medium business.
Small businesses can apply for the wage subsidy now, while claims from medium-sized businesses will open on October 1, 2020.
Employers should note that final claims for payment must be lodged by June 30, 2021.
Further information on eligibility can be found on the Department of Education, Skills and Employment website.
Frequently asked questions and answers on the wage subsidy can also be found in the Supporting Apprentices and Trainees factsheet.