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Boosting Apprenticeship Commencements (BAC) Wage Subsidy – Extension Update

Boosting Apprenticeship Commencements wage subsidy – Extended until 30 June 2022

 

Employers and Group Training Organisations now have until 30 June 2022 to access up to $28,000 (per employee) of Australian Government funding by hiring a new apprentice or trainee under the Boosting Apprenticeship Commencements (BAC).

Through the Boosting Apprenticeship Commencements wage subsidy, your business can receive a subsidy of up to 50% on the wages of each eligible employee – to a maximum of $7,000 per quarter over the first 12 months.

The subsidy will be paid for a full 12 month period for new apprentices and trainees. This includes those apprentices who have already been signed up under this measure.  

 

Is my business eligible?

Your business or Group Training Organisation may be eligible if:

  • you engage an Australian Apprentice or Trainee between 5 October 2020 and 30 June 2022, and
  • your Australian Apprentice or trainee is undertaking a Certificate II or higher qualification, and has a training contract that is formally approved by the relevant state training authority.

 

How much is the subsidy?

Eligible employers and Group Training Organisations will receive a wage subsidy of up to 50 per cent of your Australian Apprentice’s gross wage paid;

  • The wage subsidy is available at a maximum of $7,000 per quarter per eligible Australian Apprentice or Trainee
  • The subsidy remains available to employers of any size or industry, Australia-wide who sign up an Australian apprentice or trainee before 30 June 2022.

 

Anything else I should know?

  • The subsidy is not available for any Apprentice or Trainee receiving any other form of Australian Government wage subsidy e.g. Supporting Apprentices and Trainees or JobKeeper.

 

Are Existing Workers Eligible?

An existing worker will only attract the Boosting Apprenticeship Commencements payment for an employer, where the existing worker:

  • Commences in a trades-based Australian Apprenticeship; or
  • Transfers from a casual employment arrangement to a part time or full-time Australian Apprenticeship; or
  • Transfers from a Part time employment arrangement to a full time employment arrangement

In addition, a maximum of 30 existing worker Australian Apprentices per ABN can attract BAC if they meet the above criteria. It is important to note however, there is no limit for trades-based Australian Apprenticeship BAC commencements.

 

Key dates to know

  • Payments will be made quarterly in arrears
  • Final claims for payment must be lodged by 31 December 2022.

Need more information?

Our team at iTFE is here to support you with navigating the Boosting Apprenticeship Commencements Wage Subsidy, If you have a question contact us and one of our team members will be in touch.

Need further information?

Australian Government Announcement

Read about the Australian Government’s additional $2.8 billion support for Australian businesses to employ new apprentices or trainees as part of the COVID-19 economic recovery plan.

Read More

Boosting Apprenticeships Commencements Fact Sheet

Learn more about the announcement regarding the extension to the Boosting Apprenticeship Commencements wage subsidy to support employers and Group Training Organisations.

Fact Sheet Info

Boosting Apprenticeships Commencements FAQ’s

Still have questions regarding the Australian Government’s Boosting Apprenticeships announcement? Learn more here.

Q&A Info
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