Receiving the wage subsidy from two different companies.

Question

One of my clients is a shareholder in two different Companies and he gets income from both the Companies as shareholder.

Can he claim Wages subsidy for both the Companies. Both the Companies have suffered loss of income.

And is there a regulation that wages subsidy can be claimed only once per IRD number ?

Answer

The subsidy is available only to employees who work for an eligible business. If he gets his income as a shareholder employee and works for both companies then, providing both companies qualify for the subsidy, he can claim the subsidy from both.  This is explained on the Work and Income website.  When you get to the website, click on Multiple Applications.

There you will find various examples that also answer your second question.  The subsidy is provided to the employers who must pass it on to their employees.  There is no regulation stating that a person can only receive the subsidy once.

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