Wage Subsidy Calculator and Cash Flow Forecaster

This calculator helps you clearly understand the COVID-19 wage subsidies and is critical to gaining insight into your cash position over the coming weeks/months. Start by entering your business name below. Next, click on the blue button in the Step 1 box to load your staff and their weekly pay details.

Enter your business name :

Step 1 - Staff Wages

Your Staff Targets Subsidy Information Top Ups Required Results  
Staff member Normal
weekly pay (gross)
Normal
weekly hours
Target % of normal weekly pay Target weekly pay Request
subsidy?
Subsidy
granted
Subsidy
you must pay staff
Subsidy
leftover (goes to pool)
Top up from subsidy pool Top up from business reserves Total weekly pay % of normal weekly pay Remove
Add staff member Totals
The total amount of weekly wage top ups your business needs to pay :
You have a wage surplus due to the undistributed wage subsidies pool :

NOTE: The government legislation does not currently specify whether the surplus subsidy needs to be refunded to them immediately or if it can go into your company's reserves where it can be used to help your staff members once the 12 weeks runs out. Until the government clarifies this, we advise that you set aside surplus subsidies in a separate bank account and do not factor this into your cash flow forecast.

Step 2 - Business Outgoings, Income, Reserves

Wages The total amount of weekly wage top-ups your business pays (calculated from Step 1) $
Outgoings Enter the weekly outgoings your business is expected to pay (excluding wages) (ex GST) $
Income Enter the weekly income your business is expected to receive (ex GST) $
Weekly loss  
Weekly surplus  
Reserves Enter the total amount of cash reserves available to support your business $
Your weekly loss is $0.00 and your business can operate for unlimited weeks
Your weekly surplus is $0.00 and your business can operate indefinitely

Step 2 - Overheads (money going out each week)

Your overheads

Enter the total overheads amount that your business needs to pay (excluding wages)

Enter values excluding GST

Overheads Overhead amount Payment frequency Weekly amount Remove
Add overhead Total :  

Step 3 - Income (money coming in each week)

Your income

Enter the total income that your business is expected to receive

Enter values excluding GST

Income Income amount Income frequency Weekly amount Remove
Add income Total :  

Step 4 - Reserves (money available to you)

Your reserves

This is the value of the available cash reserves you can use to support your business

Reserve     Reserve amount Remove
Add reserve Sub total :  

Your liabilities

This is the value of "immediate" liabilities that will erode your available cash reserves

Money you currently owe

Liability     Liability amount Remove
Add liability Sub total :  
Total :

Final outcome

Weekly - Staff wages Calculated in step 1
Weekly - Overheads Calculated in step 2
Weekly - Income Calculated in step 3
Weekly loss  
Weekly surplus  
Reserves Calculated in step 4
Your weekly loss is $0.00 and your business can operate for unlimited weeks
Your weekly surplus is $0.00 and your business can operate indefinitely

You have saved this calculation. By copying the link below, you can view this calculation at a later date or share it with other people such as business colleagues, accountants, etc.

Copy URL