With updated criteria
A business or organisation must have been in business for at least 1 month and experienced at least a 30% drop in revenue over a 7-day period, due to the increased COVID-19 alert level (subject to all other criteria being met). This decrease in revenue is compared with a typical 7-day revenue period in the 6 weeks prior to the increase from alert level 1.
There are two COVID-19 Wage Subsidy August 2021 payments. The previous two-week COVID-19 Wage Subsidy August 2021, which opened on 20 August 2021, has closed.
Applications for the second COVID-19 Wage Subsidy August 2021, known as Wage Subsidy August 2021 #2, are open for two weeks between 9am 3 September 2021 and 11.59pm Thursday 16 September 2021.
Your business needs to meet the eligibility criteria and agree to meet the obligations in the declaration to be able to get a COVID-19 Wage Subsidy August 2021 payment. It’s available to all New Zealand businesses and self-employed people that meet eligibility criteria.
The full eligibility details and obligations are set-out in the declaration, which you must read and agree to when you apply for a COVID-19 Wage Subsidy August 2021 payment. (Declaration)
If you’ve already applied for the previous COVID-19 Wage Subsidy August 2021, you need to wait until two weeks after you applied before you can apply for the new Wage Subsidy #2, even if you haven’t received payment yet.
If you apply earlier than this, your application for the new subsidy will be declined.
- $600 a week for each full-time employee retained (20 hours a week or more)
- $359 a week for each part-time employee retained (less than 20 hours a week)