---
title: COVID-19 Wage Subsidy March 2021
description: The Wage Subsidy March 2021 is a payment to support employers and self-employed people, so they can continue to pay employees and protect jobs for businesses affected by the rise in alert levels on 28 February 2021.
image: https://blog.wiseadvice.co.nz/hubfs/Wage-subsidy.png
---

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 By [Wise Advice Team](https://blog.wiseadvice.co.nz/author/wise-advice-team) on March 03, 2021

[Wages Subsidy](https://blog.wiseadvice.co.nz/tag/wages-subsidy),

[covid](https://blog.wiseadvice.co.nz/tag/covid)

# COVID-19 Wage Subsidy March 2021

 

![COVID-19 Wage Subsidy March 2021](https://play.vidyard.com/eYk26Y5KHQXteThpjdRgg6.jpg?)

Check out this video: [https://videos.wiseadvice.co.nz/watch/rxJGkBWMAXRnHWe3L62czV?](https://videos.wiseadvice.co.nz/watch/rxJGkBWMAXRnHWe3L62czV?)

**Wage Subsidy for the current lockdown period** – available from 1 pm on Thursday 4 March, with payments starting on Monday 8 March 2021 – through Work and Income

**Applications** – online from 1 pm on Thursday 4 March through this link [https://www.workandincome.govt.nz/covid-19/wage-subsidy/index.html](https://www.workandincome.govt.nz/covid-19/wage-subsidy/index.html)

**To qualify** – your business needs to experience a 40% decline in revenue over a consecutive 14-day period from **28 February** to **21 March**, compared to a 14-day period between **4 January** and **14 February** 2021 (6 weeks before the change in Alert levels). This subsidy is available throughout New Zealand.

## Payment rates

The Wage Subsidy March 2021 will be paid for 2 weeks at the rate of:

- $585.80 a week for each full-time employee retained (20 hours a week or more)
- $350 a week for each part-time employee retained (less than 20 hours a week).

You cannot get a Wage Subsidy for an employee for the period they are covered by a **Leave Support Scheme or Short-Term Absence Payment.**

## Resurgence Support payment

Applications are still open for the first alert level change on **14 February** and finish on **22 March**.

Applications for the current alert level increase of 28 February will open at 8.00am on Monday 8 March through myIR on the IRD website.

[https://www.ird.govt.nz/covid-19/business-and-organisations/employing-staff/financial-support/resurgence-support-payment](https://www.ird.govt.nz/covid-19/business-and-organisations/employing-staff/financial-support/resurgence-support-payment)

#### Where to find the application in RSP in IRD website

![](https://play.vidyard.com/pNJm2F48bZT3ir7cr2MNcw.jpg)

Check out this video: [https://videos.wiseadvice.co.nz/watch/pNJm2F48bZT3ir7cr2MNcw?](https://videos.wiseadvice.co.nz/watch/pNJm2F48bZT3ir7cr2MNcw?)

 

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Published by [Wise Advice Team](https://blog.wiseadvice.co.nz/author/wise-advice-team) March 3, 2021

Comments

[Read More](https://blog.wiseadvice.co.nz/small-business-cash-flow-loan-scheme-sbcs)

[cashflow](https://blog.wiseadvice.co.nz/tag/cashflow)

 By [Brad Golchin](https://blog.wiseadvice.co.nz/author/brad-golchin) on March 03, 2021

### [Small business cash flow loan scheme (SBCS)](https://blog.wiseadvice.co.nz/small-business-cash-flow-loan-scheme-sbcs)

[![](https://blog.wiseadvice.co.nz/hubfs/wages%20calculator.png) Read More](https://blog.wiseadvice.co.nz/how-to-pay-your-staff-during-the-lock-down)

[Wages Subsidy](https://blog.wiseadvice.co.nz/tag/wages-subsidy)

 By [Brad Golchin](https://blog.wiseadvice.co.nz/author/brad-golchin) on March 03, 2021

### [How to Pay your staff during the Lock-down](https://blog.wiseadvice.co.nz/how-to-pay-your-staff-during-the-lock-down)

[![](https://blog.wiseadvice.co.nz/hubfs/brad%20video3.png) Read More](https://blog.wiseadvice.co.nz/mortgage-holiday-business-loan-tax-calrification)

[taxation](https://blog.wiseadvice.co.nz/tag/taxation)

 By [Brad Golchin](https://blog.wiseadvice.co.nz/author/brad-golchin) on March 03, 2021

### [Mortgage Holidays, Business Loans & Tax clarifications](https://blog.wiseadvice.co.nz/mortgage-holiday-business-loan-tax-calrification)

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