Job Accelerator Grant - For Eligible Apprentices and Trainees
Up to $15 000 For Every New Eligible Apprentice or Trainee Position Created.
The South Australian State Government’s budget has a big boost for small businesses with increased funding for the Job Accelerator Grant Program with a focus on apprentices and trainees.
Businesses that are registered for payroll tax can register for the Job Accelerator Grant of up to $10 000 for every new job created, or up to $15 000 for every new eligible apprentice or trainee position created.
To qualify for the Job Accelerator Grant, businesses need to:
- employ a new position between 1 July 2016 and 30 June 2018 (inclusive)
- maintain the new position for at least 12 months
- have Australian taxable wages below $5 million, across the group. If your business is exempt from payroll tax, (I’m a small business and exempt from payroll tax – am I eligible? see eligible apprentices and trainees link below
- register the new employee within 90 days of their commencement
The additional grant for eligible apprentices and trainees will also be distributed over two years - up to $2500 per year.
Businesses can contact RevenueSA on 8226 2210 or email@example.com to discuss the eligibility of their business for the additional grant. Further details of the program are available here: www.revenuesa.sa.gov.au