Forum | Business Support Network New Zealand

Who can get the wage subsidy?

Glen · 2020-03-27T20:38:03.975Z

To qualify: your business must be registered and operating in New Zealand your employees must be legally working in New Zealand the business must have experienced a minimum 30% decline in actual or predicted revenue over the period of a month when compared with the same month last year, and that decline is related to COVID-19 your business must have taken active steps to mitigate the impact of COVID-19 you must make best efforts to retain employees and pay them a minimum of 80% of their normal income for the subsidised period. Source: SmartPayroll

To qualify:

your business must be registered and operating in New Zealand
your employees must be legally working in New Zealand
the business must have experienced a minimum 30% decline in actual or predicted revenue over the period of a month when compared with the same month last year,
and that decline is related to COVID-19
your business must have taken active steps to mitigate the impact of COVID-19
you must make best efforts to retain employees and pay them a minimum of 80% of their normal income for the subsidised period.

Source: SmartPayroll