An accountant who specialises in the travel and tourism industries is urging agents and others in the trade to gain a good understanding of the recently announced Wages Subsidy and Resurgence Support Payment (RSP) even if at first glance they feel they may not qualify.

Paul Davies, director of OneTeam Chartered Accountants says if an agent’s actual or expected revenue is down by 40% or more due to the move to Alert Level 4 they can claim the wages subsidy for the two weeks commencing 17 August. 

‘The comparison is either with a typical 14-day period in the six weeks prior to 17 August. It is important to note that if your business is seasonal (which most travel businesses are) you can compare with 17-30 August in 2020 or 2019,’ says Davies.

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