Blog Post

latest news from employers assistance

Wage Subsidy is extended for 2 weeks

Published 17 Aug 2020

The criteria for the new wage subsidy announced today is similar to the current extension to the original wage subsidy, which is to lapse on September 1st. It is nationwide, not just Auckland only.

• Businesses must have had, or are predicting to have, a revenue drop due to Covid-19 of at least 40%.

• For this new scheme, the revenue drop applies for any consecutive period of at least 14 days within 12 August and 14 September compared to the same period last year.

The Government will also modify the Covid-19 sick leave scheme to make it more accessible, more to come on that.