Covid-19 – Tax & Wage Subsidy – Common questions on support for Employers during COVID-19

 

Common questions on support for Employers during covid-19

If, as an employer I am receiving the wage subsidy on behalf of an employee, do I have to pay GST on the subsidy?

No – it will be treated as exempt from GST.

As an employer, do I have to pay tax on the wage subsidy I receive for an employee?

No, you don’t have to pay tax on a wage subsidy as it’s classified as excluded income.

Orb360 provides a full breakdown of implications.

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