Paying the COVID-19 Wage Subsidy in PaySauce | Knowledge | PaySauce

Paying the COVID-19 Wage Subsidy in PaySauce

by Laura Marwick

Updated August 2021

Why

To help you keep on and continue paying your people

When

Your business can’t run due to lockdowns
or
your team can still work but your business is suffering financially
or
your staff are sick or caring for dependants who are sick.

Rules

How to pay the wage subsidy in PaySauce

During the subsidised period, payments to staff are treated as wages or salary (not allowances or leave payments) and are subject to the usual deductions like PAYE, KiwiSaver, and student loan repayments.

PaySauce will easily add the COVID-19 Wage Subsidy into your pay. Here’s how:

https://www.employment.govt.nz/leave-and-holidays/other-types-of-leave/coronavirus-workplace/

https://www.employment.govt.nz/leave-and-holidays/other-types-of-leave/coronavirus-workplace/changing-an-employees-work-arrangements/

These guidelines are based on the info we currently have from MSD, and these could still change. We’re keeping an eye on them, and will update this article as we get the latest information.

 

You can stay up to date with all the latest developments at https://covid19.govt.nz/.

 

 

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Posted on 30 March 2020
Updated on 23 August 2021

Laura Marwick
Head of Marketing

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