The Job Accelerator Grant is available for businesses that take on additional employees and maintain that increase over a 12 and 24 month period.
To be eligible for the Job Accelerator Grant scheme the new position needs to meet the following conditions:
- the person is employed in a new job on a full-time, part-time or casual basis, but not on a seasonal basis;
- the employment commences between 1 July 2016 and 30 June 2018 inclusive;
- the employment is maintained for a period of 2 years to be eligible for the full grant, or 12 months to be eligible for the partial grant;
- the services of the employee are performed wholly or mainly in SA; and
- the employee is a South Australian resident.
For businesses liable for payroll tax in South Australia, a grant of up to $5 000 is available for each new job created and the increase is maintained for at least 12 months, and up to $10 000 if the increase in full-time equivalent employees is maintained for 2 years. For part time and casual employees, the grant is pro-rated, and will be paid based on actual hours worked.
Businesses that are not liable for payroll tax in South Australia, or any organisation exempt from payroll tax in South Australia, a grant of up to $2 000 is available for each new job created and the increase is maintained for at least 12 months, and up to $4 000 if the increase in employees is maintained for 2 years. An additional requirement for this grant is that the new employee, regardless whether it is a full time, part time or casual position must work on average 22 hours or more per week across the grant period to be eligible.
As part of the 2017-18 State Government Budget announcement, businesses that register a new employee for a Job Accelerator Grant will receive up to an additional $5000 ($2 500 per year) if that employee is an eligible apprentice or trainee where the position is also deemed to be eligible for the Job Accelerator Grant.
The grant is paid at the 12 month and 24 month anniversary of the job start date.
More information and to register for the grant can be accessed from http://www.revenuesa.sa.gov.au/jobs or our staff are available to speak to Monday to Friday 8:30am -5pm (excluding public holidays) on 8226 2210.