COVID 19 WAGE SUBSIDY APPLICATION no 4 closes tonight
If you are eligible to apply for the 4th round of wage subsidy and have not done yet, please do so today as the applications close at 11:59 pm on 14 October 2021
WAGE SUBSIDY AUGUST 2021 # 4
When to Apply?
Applications can be made between 1 and 14 October 2021 for the COVID-19 Wage Subsidy August 2021 #4 using MSD’s online application form.
Applications close at 11:59 pm on 14th October 2021
Revenue Decline Test – 40%:
Your business has had, or you predict will have, a decline in revenue that can be attributed to the effect the continuation of Alert Levels 3 and 4 from 17 August 2021 has had on your business, and that is:
- A person is eligible for the subsidy if the person experienced a minimum 40% decline in revenue between 28th September 2021 and 11 October 2021. Compared to a typical 14 consecutive days of revenue in the 6 weeks immediately before the move to Alert L4 on 17th August 2021.
- For commonly owned groups – please refer to MSD’s website
The Wage Subsidy August 2021 will cover a two-week period at the rate of:
- $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).
HOW TO APPLY:
Applications can be made online through work and Income using the following links, click below: