News
June 2020
Government Changes Rules for Wage Subsidy Extension
The Government has today, announced changes in criteria to qualify for the COVID-19 Wage Subsidy Extension.
The criteria previously required employers to demonstrate a 50% decline in revenue for the last 30 days prior to applying (in comparison to the same period in 2019).
This has changed to a 40% decline in revenue for a 30 day period in the 40 days before applying (starting no earlier than 10 May 2020), compared to a similar period last year.
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