Coronavirus Concession
- Lucien Legal
- Jan 4, 2021
- 1 min read
Updated: Jan 16, 2021
How to meet the financial requirement during COVID-19
If you have suffered loss of employment income between 1 March and 1 January 2021 due to COVID-19, this income will be disregarded provided the minimum income requirement was met for at least 6 months immediately prior to the date the income was lost. Your income between these times will be deemed as 100% of your salary.
The above applies to those relying on self-employment income.
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