SAT Update - What You Need to Know

Supporting Apprentices and Trainees (SAT) Wage Subsidy Effective From 1 October 2020

 

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Apprenticeship Support Australia is committed to supporting you to ensure as many apprentices and trainees as possible keep their jobs during these unprecendented times.
 
As part of the Australian Government's stimulus package, the Supporting Apprentices and Trainees (SAT) subsidy has been extended and expanded, to assist 180,000 apprentices and trainees in over 90,000 small and medium size businesses. 
 
The SAT wage subsidy now includes medium-sized businesses which had an apprentice in place as at 1st July 2020. Eligible employers can apply for a wage subsidy of 50% of all eligible apprentice or trainee's wages, to a maximum of $7,000 per quarter, paid until 31st March 2021.
 
This is in addition to the existing support for small businesses, and applied to wages paid from 1st July 2020 - 31st March 2021. Subsidies are also available to any new employer who re-engages an eligible apprentice who was displaced by an eligible small or medium sized business.
 
Your small business may be eligible if:
 
  • You employ fewer than 20 people, or
  • You are a small business with fewer than 20 people, using a Group Training Organisation (GTO), and 
  • The apprentice or trainee was undertaking an Australian Apprenticeship with you on 1st July 2020.
Your medium-sized business may be eligible if:
 
  • You employ fewer than 200 people, or
  • You are a medium business with fewer than 200 people using a Group Training Organisation (GTO), and
  • The apprentice or trainee was undertaking an Australian Apprenticeship with you on 1st July 2020.
Claims for small businesses open from early October. Final claims for payment must be lodged by 30th June 2021.
 
For more information, contact our client services team today on 1300 363 831 or contact us here.
 
 

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We are the people to talk to about getting the maximum benefit out of employing or becoming an apprentice or trainee.

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