Applications for the initial two-week Wage Subsidy August 2021, which opened on 20 August 2021, close at 11.59pm Tonight (Thursday 2 September 2021.)

The COVID-19 Wage Subsidy is to support employers and self-employed people throughout New Zealand, so they can continue to pay employees and protect jobs for businesses affected at Alert Levels 3 and 4.

Some delays in processing.  

All applications received will be processed. This time wage subsidy applications are being reviewed by the IRD before being passed onto MSD for processing payment.

These delays are around trying to match the information in applications with the information held by Inland Revenue. You will be contacted if they require anymore information to support the application.

Please contact us if your require assistance to collate the additional information requests.

Second round of wage subsidy opening.

The Government has approved another wage subsidy. Applications for Wage Subsidy August 2021 #2.

Applications for a second round of Wage Subsidy – to be known as Wage Subsidy
August 2021 #2 – open at 9.00am tomorrow ( Friday 3 September.)

This is for all businesses and self-employed people who have or predict at least a 40% decline
in their revenue from 31 August to 13 September and meet all the eligibility criteria.

FURTHER INFORMATION COVID-19 Wage Subsidy August 2021 – Work and Income

Table of Government support as Covid-19 restrictions unfold.

Please contact us if you have any questions or require further assistance including, cashflow planning, tax planning including instalment plan arrangements.
Email info@franchiseaccountants.co.nz or for a call back leave a message on  0800 555 8020 or 09 265 2657.