Wage subsidy NZ

Applications are open from 10 June 2020 to 1 September 2020. You can apply to cover the wages of your employees over an 8 week period. You can apply for the Wage Subsidy Extension for your employee, even if you haven't applied for the Wage Subsidy for them before. See More

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COVID-19 Wage Subsidy. Employers and sole traders could apply for the Wage Subsidy before 10 June 2020. It was to support them if they were impacted … (source: Yahoo!) See More

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Articles Related to Wage subsidy NZ

COVID-19 Wage Subsidy Extension - Work and Income
  • https://workandincome.govt.nz/covid-19/wage-subsidy-extension/index.html
  • Applications are open from 10 June 2020 to 1 September 2020. You can apply to cover the wages of your employees over an 8 week period. You can apply for the Wage Subsidy Extension for your employee, even if you haven't applied for the Wage Subsidy for them before.
COVID-19 Wage Subsidy - Work and Income
  • https://www.workandincome.govt.nz/covid-19/wage-subsidy/index.html
  • COVID-19 Wage Subsidy. Employers and sole traders could apply for the Wage Subsidy before 10 June 2020. It was to support them if they were impacted …
Wage Subsidy Scheme and Wage Subsidy Extension ...
  • https://www.employment.govt.nz/leave-and-holidays/other-types-of-leave/coronavirus-workplace/wage-subsidy/
  • The subsidy rates under the Wage Subsidy and Wage Subsidy Extension are: $585.80 (gross) per week for full-time employees, where full-time is 20 hours or more per week $350.00 (gross) per week for part-time employees, where part-time is less than 20 hours per week.
COVID-19 Wage Subsidy and Extension - Employer Search ...
  • https://www.msd.govt.nz/about-msd-and-our-work/newsroom/2020/covid-19/covid-19-wage-subsidy-employer-search.html
  • Wage Subsidy Scheme: Complaints about employers - Employment New Zealand For employers Employers who would like more information regarding the Wage Subsidy and Wage Subsidy Extension, including making an application, should visit Work and Income .
Wage subsidy extension and leave support — business.govt.nz
  • https://www.business.govt.nz/covid-19/wage-subsidy-extension-and-leave-support
  • The wage subsidy extension helps businesses affected by COVID-19, ... Employment New Zealand has more information about employer and worker eligibility, payment details and guidance about workplace scenarios. COVID-19 Leave support scheme (external link) — Employment New Zealand.
Wage subsidy extension eligibility tool — business.govt.nz
  • https://www.business.govt.nz/covid-19/wage-subsidy-eligibility-tool/
  • Government announced a wage subsidy extension, which follows the initial wage subsidy scheme that was open from 17 March to 9 June 2020. Work and Income has more information on the wage subsidy extension. COVID-19 wage subsidy extension (external link) — Work and Income
Wage subsidy: Your Covid-19 questions answered | RNZ News
  • https://www.rnz.co.nz/news/national/413642/wage-subsidy-your-covid-19-questions-answered
  • My mum's average pay a week at a shoe store is around $500. She has been told, despite the wage subsidy being above her normal wage, that they will pay only 80% of it. Is this right? If the wage subsidy is being accessed for her she gets 100 per cent of her pay if it is below the subsidy amount.
Coronavirus: Wage subsidy list reveals the ... - Stuff.co.nz
  • https://www.stuff.co.nz/business/120881575/coronavirus-wage-subsidy-list-reveals-the-scale-of-economic-devastation
  • Many Wanaka tourism businesses have applied for the wage subsidy. Christchurch cultural institutions have also received cash injections with the Christchurch Symphony getting $159,000 and the ...
Wage subsidy scheme ending will make or ... - newshub.co.nz
  • https://www.newshub.co.nz/home/money/2020/07/wage-subsidy-scheme-ending-will-make-or-break-many-small-businesses-economist.html
  • The latest Government figures show $12.3 billion has been paid out for the wage subsidy scheme, with more than $200 million paid back in refunds. Contact Newshub with your story tips: [email protected] ...
Home » Employment New Zealand
  • https://www.employment.govt.nz/
  • The Wage Subsidy helped businesses and workers as they adjusted to the initial impact of COVID-19. The Wage Subsidy Extension is available from 10 June to help in a more targeted way. Leave and pay entitlements during COVID-19 response and recovery
COVID-19 Wage subsidies - Inland Revenue
  • https://www.ird.govt.nz/covid-19/business-and-organisations/employing-staff/wage-subsidies
  • COVID-19 Wage subsidy - Work and Income Wage subsidies should be passed onto the employee by the employer and processed as part of the employee's normal wages. All deductions (such as PAYE, KiwiSaver and child support) should be made as normal.
Coronavirus: Wage subsidy applicants to be ... - Stuff.co.nz
  • https://www.stuff.co.nz/national/politics/120818504/coronavirus-wage-subsidy-applicants-to-be-named-on-monday
  • The mammoth wage subsidy has seen $4.8b paid out in the last two weeks - slightly more than is usually paid out in unemployment and sole-parent benefits in an entire year.
Covid-19 coronavirus: Now you can check if ... - NZ Herald
  • https://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=12322958
  • Kiwis can now see online what companies have received payments under the Government's Covid-19 wage subsidy scheme. People can type in their employer, or any New Zealand …
Government Wage Subsidy Factsheet | COVID 19 | BDO NZ
  • https://www.bdo.nz/en-nz/covid-19/government-wage-subsidy-factsheet
  • The wage subsidy is not available to state sector employers. Please refer to our FAQ’s for a list of which entities these include . To be eligible for the wage subsidy, the employer must meet the eligibility criteria specified by the Work and Income New Zealand (WINZ) and sign a declaration to this effect.
Lynch & Associates Ltd - Tax ConsequencesWageSubsidy
  • https://www.lynchandassociates.co.nz/tax-consequenceswagesubsidy
  • If the wage subsidy is being paid in one lump sum (or other than according to the employee’s usual pay cycle) this should be discussed with the employee, as adverse tax consequences could result. For example, if the payment was made in one lump sum before 1 April 2020, this could push the employee into a higher tax bracket and/or could affect their eligibility to receive family tax credits ...
Wage Subsidy FAQs - SBA Small Business Accounting NZ
  • https://sba.co.nz/wage-subsidy-faqs/
  • Any wage payments made to employees form part of their taxable income and should have the usual PAYE, KiwiSaver, student loan, etc. deducted from them. The net payment is what goes to the employee. The payment to the employee is non-deductible to the employer, up to the amount of the received wage subsidy.
The wage subsidy extension - Markhams
  • https://markhams.co.nz/news/june-2020/the-wage-subsidy-extension-what-you-need-to-know
  • Applications have now closed for the wage subsidy. However, if you’re still significantly affected by COVID-19, you may be able to get the wage subsidy extension. The new eight-week scheme is available from 10 June 2020. No double dipping You can apply for the extension even if you didn’t apply for the original wage subsidy.
Summary of the Wage Subsidy Scheme ... - Deloitte New Zealand
  • https://www2.deloitte.com/nz/en/pages/tax/articles/summary-of-the-wage-subsidy-scheme-and-essential-workers-leave-s.html
  • 7/04/2020 · The Wage Subsidy allows qualifying organisations to claim NZ$7,029.60 for a full-time employee and NZ$4,200 for a part-time employee (working less than 20 hours per week). The total amount in respect of all employees is paid out in a lump sum that covers a 12-week period.
COVID-19 – Wage Subsidy Q & A | Anderson Lloyd
  • https://www.al.nz/covid-19-wage-subsidy-q-a/
  • A: Yes, provided the causal member of staff would have been expected to work during the time you will receive the wage subsidy. Q: What happens if they only work 5 hours a week and earn $100? What happens to the balance of the wage subsidy – $250.00? A: The wage subsidy is designed to keep your employees connected to you.
Coronavirus Wage Subsidy Q&A - Generate Accounting
  • https://generateaccounting.co.nz/coronavirus-wage-subsidy-qa/
  • Coronavirus Wage Subsidy Q&A. We’ve pulled together a Q&A for the wage subsidy being offered by the government. Needless to say, there have been plenty of enquiries so we thought we’d pull together a quick Q&A to cover the common questions.

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