Covid-19 Wage Subsidy Scheme (& SBCS Loans) Expanded for High Growth Businesses and Pre-Revenue R&D Businesses

On 14 May 2020 the NZ Wage Subsidy Scheme was expanded to help “high growth businesses” and some pre-revenue R&D businesses that were previously ineligible because either: their pre-Covid-19 year-on-year growth has been so good they couldn’t establish a 30% decline in revenue versus the same month 1 year ago (even though they [...]