Skilling Australians Fund and Skilling Australian Fund levy (SAF Levy)
The Skilling Australians Fund came into effect on 22 May 2018. The Skilling Australian Fund levy (SAF Levy) replaces the training benchmarks scheme. There are now several visa classes affected by the Skilling Australians Fund (SAF Levy). It has been confirmed that for the financial year commencing 1 July 2017, the SAF Levy must not exceed:
- $8,000 for a temporary visa; and
- $5,500 for a permanent visa.
What do existing sponsors need to do?
- Ensure compliance with existing sponsorship obligations; and
- Stay tuned for further announcements and be prepared to pay the SAF Levy very soon.
Stay informed and find out what your business needs to know: