COVID-19 wage subsidy payments

The New Zealand Government has some business support payments to help pay staff during the COVID-19 pandemic.

For details of available payments and eligibility criteria, visit business.govt.nz

If your business is eligible for any wage subsidy payments, we recommend setting up a COVID-19 pay rate structure to make those payments to the affected employees.

 

To set up a COVID-19 pay rate structure

To set up a COVID-19 pay rate structure

  1. From the front screen click Setup, then Company Defaults.
    https://help.myob.com.au/files/ace/images/Setup%20menu%20Company%20Defaults.png

  2. Click Pay Rate Structure.
    https://help.myob.com.au/files/ace/images/Company%20Defaults.PNG

  3. In the Define Pay Rate Structure window, click an Unused Rate and add a description such as 'COVID - 19 Subsidy'.
    https://help.myob.com.au/files/ace/images/COVID-19.PNG

  4. Click GO. The Define Pay Rate Structure window reappears with the 'COVID - 19 Subsidy' pay structure.
    https://help.myob.com.au/files/ace/images/Flat%20Rate.PNG

  5. Click GO.

To pay the COVID-19 subsidy

When you process a pay, the COVID - 19 pay rate structures you set up previously will appear for every employee.

  1. From the front screen click Setup, then Calculate Pays.

  2. Enter the Rate and Units for COVID - 19 Subsidy.

    Here's an example showing a $350 subsidy payment:

    https://help.myob.com.au/files/ace/images/Example%20subsidy%20payment.png
  3. Repeat for each employee and finalise the pays as normal.