As the lockdown for New Zealand have extended., there is a new wage subsidy scheme open at 9.00am on Friday 1 October to 11.59pm, 14 October 2021.

This is for all businesses and self-employed people who have or predict at least a 40% decline in their revenue from 28 September to 11 October and meet all the eligibility criteria. The eligibility criteria will be same as https://www.strong.co.nz/news/2021/8/19/msd-covid-19-wage-subsidy

Business that applied for the first, second, and third round of wage subsidy can apply for the fourth round as well if meet all of the eligibility criteria for Wage Subsidy #4. However, if someone applied on 27 September for the third round, they could apply for the fourth round on 11 October. Early applications can't be accepted as each payment is for two weeks.

Businesses that didn't apply for the initial wage subsidy are welcome to apply for Wage Subsidy #4 from 1 October providing they meet all the eligibility criteria.

To ensure payments are processed as quickly as possible, it's very important the information provided in the application matches that held by Inland Revenue. If the information doesn't match, it may delay the processing of an application.

For more information, please refer to: https://www.workandincome.govt.nz/covid-19/wage-subsidy/index.html

We are also able to apply wage subsidy on your behalf,. If you are interested in applying wage subsidy, please don’t hesitate to contact us via celia@strong.co.nz.

Be well and stay safe.