The entitlement to a redundancy tax credit was due to expire on March 31, 2011 but it has been extended to September 30. 2011. If an employee is made redundant they are entitled to receive the redundancy tax credit of 6% for the first $60,000. ( i.e a maximum of $3,600.) To claim the rebate [...]
Posts Tagged ‘Earthquake Support Subsidy’
Your Obligations due to the Earthquake
Posted: March 3, 2011 by SpaceBug in EarthquakeTags: Christchurch Earthquake, Earthquake Support Subsidy
Information for Employers: If you do not have business insurance, or if your policy does not cover lost remuneration for employees, contact your staff and talk to them about what options are available. Your employees will be financially and emotionally under pressure as will you. Try and work through the issues by discussion and agreement [...]
Earthquake Support Subsidy
Posted: February 28, 2011 by SpaceBug in EarthquakeTags: Earthquake Support Subsidy
If your business is based in Christchurch and you have been directly affected by the Earthquake and experiencing difficulty in trading or paying your staff, then you may be eligible for the Earthquake Support Subsidy. The Subsidy is available for six weeks and will pay you $500 per week per full-time employees, or $300 per [...]
