Wednesday, 01 September 2021 15:46

Applications for Wage Subsidy close Thursday

Written by  Staff Reporters
Finance Minister Grant Robertson. Finance Minister Grant Robertson.

Applications for the initial Wage Subsidy scheme in the current Covid outbreak close on Thursday, with applications for the next fortnightly payment will beginning on Friday morning.

“Unlike the scheme that operated in March last year, this Wage Subsidy scheme requires businesses to reapply for each fortnightly payment,” Finance Minister Grant Robertson said.

“The core settings of the Wage Subsidy Scheme remain the same. It is available to eligible businesses wherever they are in New Zealand on the same payment rates, two-week lump sum payments, and the need to show a 40 percent decline in revenue,” Minister for Social Development Carmel Sepuloni said.

“The revenue test period will move forward two weeks from the period used for the first Wage Subsidy August 2021 payment, but the comparator period will remain the same. The revenue test period for a second payment will be the 14 consecutive days from 31 August to 13 September 2021.”

“We are encouraging employers and those self-employed once again to ensure the accuracy of the information they provide, as that will delay processing if it isn’t correct,” Sepuloni said.

Businesses can also apply for the Leave Support Scheme and Short-Term Absence Payment as appropriate, as well as the Resurgence Support Payment, which is a one-off payment administered by Inland Revenue to help meet fixed costs.

More like this

A defining year ahead!

The coming year is looming as a defining one for New Zealand farming, according to Rabobank agricultural analyst Genevieve Steven.

Rising up to challenges

Dr Danny Donaghy is professor of dairy systems at Massey University and a specialist in pasture agronomy and physiology.

China lockdowns hit dairy demand

Covid restrictions in China are likely to slightly dampen milk powder imports into that country, according to Stefan Vogel, Rabobank research general manager for Australia and New Zealand.

National

FMD scare puts NZ on watch

A recent outbreak of Foot and Mouth disease (FMD) in Indonesia has the NZ agriculture sector and its officials on…

Public round up on glyphosate

The country's environmental regulator agency has released the public feedback it has received on the glyphosate weed killer - commonly…

New bee Guy!

Former Agriculture Minister Nathan Guy will take over as the independent chair of Apiculture New Zealand (ApiNZ).

Machinery & Products

A new approach to apprenticeships

By taking a new approach to its apprenticeship programme, agricultural equipment supplier Norwood says it is ensuring farmers’ machinery will…

Buck-Rake does the job

With many self-propelled forage harvester manufacturers offering machines hitting 1000hp, the bottleneck in any harvesting system is always likely to…

» The RNG Weather Report

» Latest Print Issues Online

The Hound

Yeah, right!

OPINION: Your old mate reckons recent ‘research’ carried out by consultants PWC – claiming that ‘actively managed carbon forestry’ creates…

All Claas!

OPINION: Your canine crusader - like many in the sector probably would have - raised an eyebrow when he heard…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter