Wage subsidy audit finds 56 firms need to repay $1.3m

Fri, 24 Apr 2020

While $10.4 billion has been paid out to businesses through the government’s covid-19 wage subsidy, another $17.5 million will be given back, new figures show. The government said at April 21, 1,281 wage subsidy applicants want to refund all or part of the subsidy, totalling $16.2 million in refunds requested. Of this, $6.9 million has already been paid back. In addition, 56 firms were asked to refund $1.25 million in subsidies, with $168,000 already received. Finance Minister Grant Robertson and Social Development Minister Carmel Se...

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