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Knowledge bites

from our Chartered Accountants

Financial Support - Covid-19

9/9/2021

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Picture
Wages Subsidy renewed for the 5th time​
  1. Administered by MSD / WINZ
  2. Applications open on WINZ website 9am Fri 20 August 2021 for 2 weeks initially. Click here to apply.
  3. $600 / week / full time employee; $359 per week per part time employee.
  4. Wage subsidy income exempt from income tax and GST as is the corresponding expenditure (Wage subsidy income can only be applied towards wages payable to staff).

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