Questions and Answers
How quickly will I get the money back from the COVID-19 Wage Subsidy scheme?
I have decided that I can continue to pay my staff for the next few months. If I pay my staff this week how long will it take before I receive reimbursement from the COVID-19 Wage Subsidy scheme?
You first need to make sure you qualify for the government’s COVID-19 Wage Subsidy scheme and then register online.
Once you have registered, follow your payroll providers instructions.
The reimbursement from the scheme, in general, will be made within two working days after receipt of the payroll submission.
Published 30/03/2020
Date published 30 Mar 2020 | Last updated 30 Mar 2020
This article is intended to inform rather than advise and is based on legislation and practice at the time. Taxpayer’s circumstances do vary and if you feel that the information provided is beneficial it is important that you contact us before implementation. If you take, or do not take action as a result of reading this article, before receiving our written endorsement, we will accept no responsibility for any financial loss incurred.
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