Update to Targeted Extension to Wage Subsidy Scheme and Small Business Loan Scheme

Targeted Extension to Wage Subsidy Scheme

The Government has announced today that the threshold for qualifying has been reduced from a 50% revenue drop to a 40% revenue drop.

Small Business Cashflow Loan Scheme

Also today, the application date for the SBCS date has been extended from 12 June 2020 to 24 July 2020.

Matthew Biddick