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.