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Training benchmark and SAF levy obligations

12 August 2018 it is a date to remember.  As of 12 August 2018, the SAF levy is payable by Australia employers from 12 August 2018 who wish to:

  1. Sponsor overseas employees for a 482 visa.  Same rules as before, just different way of calculation levy.
  2. Nominate employees under the Temporary Residence Transition (TRT) stream, Direct Entry stream (DE) and the Labour Agreement stream (LA) for an Australian Permanent Residence for 186 visa. Same rules as before, just different way of calculation levy.
  3. Nominate employees under the Temporary Residence Transition (TRT) stream, Direct Entry stream (DE) for an Australian Permanent Residence under 187 visa.  New requirements 

The levy amount is as follows:

482  NOMINATION SAF LEVY (482 VISA | STOL | MLTSSL| RSOL)

  • Turnover < $10m = $1,200 each year payable at the time of nomination lodged.
  • Turnover > $10m = $1,800 each year payable at the time of nomination lodged.

186 | 187 VISA PERMANENT RESIDENCY (PR) NOMINATION

  • Turnover < $10m = $3,000 one-time fee payable at the time of nomination lodged.
  • Turnover > $10m = $5,000 one-time fee payable at the time of nomination lodged.

So what will happen with previously lodged nominations and sponsorship?

  • All nomination lodged before 12 August 2018, will be considered based on old rules. So RSMS nominations do not require training fees, however they would be called : levy or benchmark.
  • All 482  sponsorship lodged before 18 march 2018 and granted before 12 August 2018, will no longer require annual training benchmark payments, but with any new nomination lodged SAF fee will be required.
  • All 482 SBS lodged before but not decided will go with new rules, so no more training benchmark, but SAF levy payable at new nominations.

If you looking for more detailed advice on your situation, please contact us direct , or wait for another change of minister and than we will update you again 😉

 

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