Wage subsidy scheme re-opened for businesses affected by COVID-19

3 Mar 21

The “Wage Subsidy March 2021” scheme is available to businesses that have experienced a 40% decline in revenue over a consecutive 14-day period between 28 February and 21 March 2021, compared to a typical 14-day period between 4 January and 14 February 2021.

The scheme is available to businesses nationwide. Applications open tomorrow, 4 March 2021 and payments start from 8 March 2021.

Eligible businesses will receive two, weekly payments at the rate of:

  • $585.80 a week for each full-time employee retained (20 hours a week or more); and
  • $350 a week for each part-time employee retained (less than 20 hours a week).

Applications can be made from the following webpage.

Applications cannot be made in respect of employees who are covered by the Leave Support Scheme or who receive the benefit of the Short-Term Absence Payment.

 

Want to know more?

If you have any questions about the scheme, please contact our specialist Employment Team.

For more information contact:

Jack Brown

jack.brown@al.nz