Source: Inland Revenue Department –
An Order in Council has been made which confirms that the leave payment and wage subsidy announced as part of the Government’s Economic Response Package to COVID-19 would not attract GST.
Generally, GST-registered businesses receiving Government grants and subsidy payments are required to return GST on payments received. This Order adds these payments to the schedule of non-taxable grants and subsidies.
For more information see the Order in Council.
