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Small businesses offered bonus tax deductions on training in budget

Last week’s Federal Budget included the announcement of tax breaks for Australia’s small businesses to encourage investment in skills and training. For every hundred dollars a small business spends on training their employees, they will receive a $120 tax deduction. Under the Skills and Training Boost, small businesses – which employ about 7.8 million Australians...

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Australian Apprenticeships Priority List

The Australian Apprenticeships Priority List (AAPL) identifies occupations classified by the Australian Bureau of Statistics as Technician and Trade Workers and Community and Personal Service Workers and assessed by the National Skills Commission as being in national skills shortage. The AAPL is based on the Skills Priority List published by the National Skills Commission in...

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Australian Apprenticeships Incentive System

Following the announcement of the extension to the Boosting Apprenticeships Commencements wage subsidy, the Australian Apprenticeships Incentive System (AAIS) will come into effect on 1 July 2022 and will replace the Australian Apprenticeships Incentive Program. The Australian Apprenticeships Priority List will support the AAIS. The AAIS will be introduced in two phases. 2022 and 2024...