Wage subsidies, tax support on cards in covid-19 package

Mon, 09 Mar 2020

The government will next week unveil a suite of initiatives including wage subsidies and tax support for firms hit hard by the covid-19 outbreak. Cabinet today approved a package to support business continuity in the outbreak, with the details now being worked through, Finance Minister Grant Robertson said.Those matters will be discussed at the special cabinet subcommittee when it meets on Wednesday, and Robertson said there will be detailed announcements on the package next week. At a general level, Robertson said the package would i...

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