Wage Subsidy August 2021 #2
Applications for the first Wage Subsidy which opened on 20 August 2021, close at 11.59 pm on Thursday 2 September 2021.
Applications for the second round of Wage Subsidy - to be known as Wage Subsidy August 2021 #2 - open at 9.00 am on Friday 3 September.
All applications which are received for the first round of Wage Subsidy before 11.59 pm on Thursday 2 September 2021 will be processed.
What do we know about the Second round of the wage subsidy:
Applications for Wage Subsidy August 2021 #2 will open at 9.00 am on Friday 3 September (and will remain open until 16 September 2021). This is for all businesses and self-employed people who have or predict at least a 40% decline in their revenue from 31 August to 13 September and meet all the eligibility criteria.
Businesses that applied for the initial Wage Subsidy August 2021 payment and who meet all the eligibility criteria for Wage Subsidy #2, can apply for another wage subsidy payment two weeks after their previous application.
So, if someone applied on 23 August, they could apply for Wage Subsidy #2 on 6 September.
Early applications can't be accepted as each payment is for two weeks.If you apply before two weeks, your application for the new subsidy will be declined.
MSD/Work and Income will email these businesses to let them know when they can apply for the new Wage Subsidy #2.
Businesses that didn't apply for the initial wage subsidy are welcome to apply for Wage Subsidy #2 from 3 September 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.
If you’re eligible for Wage Subsidy August 2021 #2 you can apply from here - https://www.workandincome.govt.nz/covid-19/wage-subsidy/how-to-apply.html