A Real CFO

Restart Wage Subsidy – up to $10,000 for employees 50 years of age and over

Restart Wage Subsidy

Did you know that under the Restart Wage Subsidy, you could get up to $10,000 for employing someone 50 and over as long as:

  • They can be full time, part time or casual, but must be ongoing work for an average of 20 hours per week over the period of the wage subsidy agreement;
  • They don’t displace an existing employee;
  • They can be commission based, a subcontractor or an immediate family member.

For your business to be eligible for the Restart Wage Subsidy you:

  • Must have a valid Australian Business Number
  • Can’t have previously received a wage subsidy for the same employee
  • Is not an Australian, state or territory government agency.

For a your prospective employee to be eligible, they needs to be 50 years old or over and registered with a JobActive provider, Disability Employment Services , or The Community Development Programme.

And typically to be registered here the person needs to be on some form of support payment from the government such as JobSeeker.  If they are not on this support payment (because, for example their partner earns too much money), they may not be eligible to for the Restart Wage Subsidy.

And in most cases, it is the JobActive provider who facilitates and pays the Restart Wage subsidy.

If you are thinking of accessing the Restart Wage Subsidy, your best starting point is speaking with your local JobActive provider and they can be found here https://jobsearch.gov.au/serviceproviders  Under provider types select Jobactive.

They can help you find and employ eligible people and manage the payment of the subsidy for you.

If you want some help, contact me below.

 

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Contact Wayne Wanders for your FREE Business Survival Session

To ensure I help your business specifically, the best approach I have found is to have an obligation free session with you.  In this session we will review your current business in a factual and objective manner, to better understand the challenges that you face.  And this session does not need to be face to face.

At the end of this session, you will have multiple ideas on how your business can survive and thrive in these uncertain times.

Simply fill in the contact form below or email me at wayne@aRealCFO.com.au or call me on 0412 227 052 to organise one of these obligation free sessions.

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To get help you successfully navigate your way through your financial challenges so your business can survive and thrive in these uncertain times, simply use the contact form on the left to email Wayne or call him on 0412 227 052.
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Let Wayne Wanders, a fully qualified and experienced CFO, help you successfully navigate your way through your financial challenges so your business can survive and thrive in these uncertain times.

Wayne Wanders, A Real CFO

wayne@aRealCFO.com.au

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Business Survival Guide