Do you have an apprentice receiving Australian Apprenticeship Support Loans?

2 January, 2024

Australian Apprenticeship Support Loans (AASL) provide real support for apprentices to complete their skills training and provide a stronger incentive for young Australians to become apprentices.

AASL debts are repaid through the Australian Taxation Office (ATO) once your apprentice’s income is above the minimum repayment threshold. Repayment thresholds are adjusted each year to reflect any changes in average weekly earnings.

For the financial year 2023-2024 the AASL repayment threshold is $51,550.

Need more info?

Get in touch with us, or click here to visit the ATO website.