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Wage subsidy update – September 2021

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COVID-19 Wage Subsidy #2 closes 16 September, Wage Subsidy #3 opens 17 September

The COVID-19 Wage Subsidy 2021 # 2 is available until 11.59 pm on Thursday, 16 September 2021.

For the second subsidy, the 40% revenue drop can be due to a combination of the effects of Alert Levels 4, 3 and 2 on a business (but not the effect of Alert Level 2 alone). The revenue test period is 14 consecutive days between 31 August and 13 September 2021.

COVID-19 Wage Subsidy August 2021 # 3 available from 17 September

The Government has activated a third round of the COVID-19 Wage Subsidy August 2021.

Applications for COVID-19 Wage Subsidy August 2021 # 3 are available from 9 am Friday, 17 September 2021 and close at 11.59pm on Thursday, 30 September 2021.

To be eligible, businesses will be affected by the continuation of Alert Levels 3 or 4 and have or predict a 40% revenue decline over a 14 consecutive period between 14 -27 September, which is the revenue test period.

Each of the payments covers two weeks and a business needs to wait until the two weeks is up before they apply for the next payment.

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