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New Job Accelerator Grant Program

posted 17 Aug 2016, 23:08 by Gordon Kay   [ updated 17 Aug 2016, 23:13 ]
The South Australian Government has put together two new grant program 
in an attempt to recover our states declining economy with the assistance of the small business sector in creating new jobs.

Job Accelerator Grant Program

A Job Accelerator Grant of up to $10 000 ($5000 each year for two years) per new full-time equivalent (FTE) job created is available for businesses liable for payroll tax in SA with total Australian wages of $5 million or less.

It applies to the total number of new full-time employees and the total number of hours worked in the preceding pay week by all South Australian part-time and casual employees during the past pay week, divided by 35 hours. (which is the full-time hours definition)

Job Accelerator Grant for Small Business & Start-ups

A Job Accelerator Grant for Small Business & Start-ups of up to $4000 ($2000 each year for two years) per new job created is available for most businesses that are not liable for payroll tax. This includes businesses with Australian wages below the payroll tax free threshold (currently $600 000) and most organisations that are exempt from payroll tax (e.g. public benevolent institution).

It applies to the total number of new full-time employees and the number of South Australian part-time and casual employees that worked more than 22 hours in the past pay week.

Businesses that increase their number of SA employees will be eligible to receive a grant for each additional worker employed by them in a new position between 1 July 2016 and 30 June 2018.  The grant will be paid at the first and second anniversary date of employment.

It is "Position" based meaning that if you new employee decides to leave you can continue the program with a replacement employee.

Businesses must register a new employee within 90 days of the employee’s commencement date.

Please use the follow contacts for further information and application:

jobsgrant@sa.gov.au

(08) 8226 2210

RevenueSA Job Acceleration Grant Program