50% wage subsidy available for eligible employees

Kurtis ThompsonGeneral

Wage Subsidy

The Federal Government has recently announced a new wage subsidy of up to $28,000 (per employee), paid in $7,000 per quarter over 12 months, aimed at business owners that have recently (within the last 3 months) employed new apprentices or trainees.

Your business may be eligible for the subsidy if:

  • you engage an Australian Apprentice between 5 October 2020 and 31 March 2022
  • your Australian Apprentice or trainee is undertaking a Certificate II or higher qualification and has a training contract that is formally approved by the state training authority.

It involves upskilling your employees into an accredited course/qualification – generally taken online and self paced – and you as the business owner can claim 50% of their wage as a subsidy (up to $28,000 per employee).

Not many businesses are aware of this opportunity and the team at MyGovGrant have designed a simple step-by-step system, offering a personalised approach; connecting your business to leading quality education providers, ensuring the suggested qualification is approved for the subsidy scheme.

MyGovGrant does not charge a fee unless successful in receiving government funding or grants for your business.
If successful and your business receives $28,000 per employee then a fee of $1500 is payable.

This government funding initiative is due to end 31st March 2022.

For more information and to check your business eligibility please click here.