Description: Laid back guide to Kiwi Personal Finance. Achieve financial freedom by being smart on just a few things, and then to be "lazy" by not doing much else.
COVID-19 made a huge impact on the New Zealand economy and many businesses are forced to shut down or reduce their capacity during the lockdown. The New Zealand government launched COVID-19 Wage subsidy back in March to support employers and keep more kiwis on the payroll. The original subsidy came to an end on 9th June and replaced by COVID-19 Wage Subsidy extension with tougher criteria. I recognize it would be hard to compare the revenue if you are a sole trader or small or medium-size business with irre
Disclaimer, I am not a qualified accountant. Please consult with a qualified accountant if you are unsure if you are eligible.
A Wage Subsidy Extension payment will be available to support employers, including sole traders, who are still significantly impacted by COVID-19 after the Wage Subsidy ends.