The government is helping small businesses upskill their staff by introducing the Skills and Training Boost.
You can now access a 20% bonus tax deduction on external training for staff.
There’s no limit on how much you can spend, however the guidelines are:
- Training must be provided by and external education provider registered in Australia
- Training can be provided in-person or online
- In-house and on the job training does not apply
The need to upskill is critical as we move into new phases of technology and work demands.
Upskilling is a prerequisite for success and with this new incentive in place, now is the perfect time to upskill your staff to maintain a strong, agile team.
With a large range of flexible training solutions available, we can tailor training to meet your needs.
Take advantage of this scheme today with our expert-led training solutions.