New Zealand businesses, including self-employed people, can apply for a 2-week ‘Resurgence Wage Subsidy’ from 21st August until 3rd September 2020.
Part of the eligibility criteria is that employers must have had, or expect to have, a minimum 40% drop in revenue due to the COVID-19 pandemic for a 14 day period between 12th August and 10th September. The revenue drop is compared to a similar period last year.
Businesses are not permitted to receive more than one COVID-19 payment for the same employee at the same time.
As per previous rates, the subsidy is set at:
- $585.80 for people working 20 hours or more per week
- $350.00 for people working less than 20 hours per week
For more details about the Resurgence Wage Subsidy and other eligibility criteria please visit Work And Income.