Covid19 – Information from IRD re Tax Implications of the Wage Subsidy

Your COVID-19 questions Please ensure you keep up to date with clarification about the changes we are implementing to respond to the COVID-19 event please review all information here  Large employers with questions about accessing the wage subsidy should visit: https://www.workandincome.govt.nz/products/a-z-benefits/covid-19-largeemployers.html Wage and Leave Subsidies   Inland Revenue would strongly encourage employers to pass the wage […]

Covid19 – Recent Communication from the MSD

Please see below the latest communication from the Ministry of Social Development regarding the Leave and Wage Subsidy Payments.  Also, note they have a specific e-mail address for queries regarding the Subsidies – RRT_Canty@msd.govt.nz It would be really good if you could pass on any information you source from them regarding the Subsidy Payments. MSD […]

Covid19 – Leave & Wage Subsidy

Last week the Government announced two Subsidies to assist companies during these uncertain times.  They come into force from March 17th, 2020. Full details can be found in the attached factsheet – wage-subsidy-and-leave-payment-employer-support-factsheet, additionally more current information can be found at – https://www.employment.govt.nz/about/news-and-updates/workplace-response-coronavirus-covid-19/ The important thing to note regarding these payments is they are Taxable […]