Claim Period 11: December 20, 2020 to January 16, 2021

Claim Period 12: January 17, 2021 to February 13, 2021

Claim Period 13: February 14, 2021 to March 13, 2021

What are the changes?
  1. The maximum top-up subsidy rate is now 35% (previously 25%)
  2. The maximum subsidy amount for employees on leave with pay is $595
Subsidy Rates for Periods 11 to 13
  • The base revenue drop comparison months remain the same as previous periods (5-9)
  • Maximum subsidy rate is 75% (40% base rate + 35% top-up)

Revenue Drop of 70% or more: Base Rate = 40% | Top-up Rate = 35%

Revenue Drop of 50% to 69.99%: Base Rate = 40% | Top-up Rate = 1.75 x (revenue drop – 50%)

Revenue Drop of 0% to 49.99%: Base Rate = 0.8 x revenue drop | Top-up Rate: 0%

 

 

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