COVID-19 Wage Subsidy March 2021
Further details now available on the March 2021 Wage Subsidy
To qualify, your business needs to experience a 40% decline in revenue over a consecutive 14-day period between 28 February and 21 March, compared to a typical 14-day period between 4 January and 14 February 2021 (6 weeks before the change in Alert Levels).
This is available to businesses throughout New Zealand.
The Wage Subsidy March 2021 will be paid for 2 weeks at the rate of:
- $585.80 a week for each full-time employee retained (20 hours a week or more)
- $350 a week for each part-time employee retained (less than 20 hours a week).
You'll be able to apply online from 1PM on Thursday 4 March 2021 and payments start from Monday 8 March 2021.
There will be a link to the application form available on the Work and Income website from 1PM on Thursday 4 March 2021:
Stay safe during this latest lockdown period. Please contact the Alliotts team of Chartered Accountants & Business Advisors in Auckland on 09 520 9200 if you would like to consider moving forward with Wage Subsidy assistance.