Thinking of hiring that new apprentice or trainee? How does a $15,000 government rebate sound? The Job Accelerator Grant has been extended to June 2018. A grant increase of an additional $5,000 for each new apprentice and trainee hired was announced in yesterday’s State Budget. This is in addition to the previous $10,000 grant, increasing the total benefit to $15,000!
A small win for South Aussie small businesses! A permanent reduction in South Australia’s payroll tax rate for smaller employers has been released in the State Budget . What does this mean for you? A savings of between $2,082 and $9,800 a year if your payroll is between $600,000 and $1.5 million. Up until 2013-14, businesses with payroll < $1.5 million
Key Items Job Creation Grant Scheme (source page 13 of 2016-17 Budget Measures Statement ) Grants will be made available for every new employee hired and maintained for two years by eligible businesses with total payrolls of $5 million or less. Businesses that increase their number of South Australian employees will be eligible to receive a grant for each additional.