March 28, 2020

Yesterday (27 March 2020), several changes were made to the Government’s financial support package for businesses.  Importantly, the changes do not alter the obligations for employers who applied for the Wage Subsidy and Leave Payments before 3pm on 27 March 2020.  The declaration made, and obligations agreed to by employers at the time of the […]

The government has now made a significant amendment to yesterday’s directives. The Minister of Finance Grant Robertson has just made an announcement amending employers’ wage subsidy obligations (for those applying for the subsidy after 3pm yesterday) to “…if a person’s income is normally less than the subsidy they can be paid their normal salary.” See: https://www.beehive.govt.nz/release/clarification-modification-wage-subsidy-scheme This