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Government Covid Financial support for business

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Government Financial Support for business

Covid-19 lockdown resources

Below is a summary of the government support measures introduced to help New Zealanders during the Covid-19 lockdown announced on 17 August 2021.

 

Wage Subsidy Scheme (WSS)
 
Available nationwide for those who expect a loss of 40% of revenue as a result of the alert level increase announced on 17 August.
 
Payment rates
This will be paid as a two-week lump sum at the following rates;

  • $600.00 for people working 20 hours or more per week (full-time equivalent employee)
  • $359.00 for people working less than 20 hours per week (part-time employee).

WSS is administered by Ministry of Social Development. Subsidy payment received must be paid out to employees.
 
Applications opened at 9am on Friday 20 August for two weeks.

To apply click here >  Apply for the WSS

Resurgence Support Payment (RSP) 
 
Is a payment to assist businesses who incurs a loss of 30% revenue due to an Alert Level increase. If eligible, the business will receive the lesser of:

  • $1,500 plus $400 per full-time equivalent employee (FTE), up to a maximum of 50 FTEs, or
  • 4 times (4x) the actual revenue decline experienced by the applicant. 

RSP must be used to help cover business expenses (which can include employee wages and other fixed costs)
 
Receiving any other Government COVID-19 support does not affect eligibility for the RSP.
 
RSP is administered by Inland Revenue. 
 
Applications open at 8am on Tuesday 24 August.

To apply click here >  Apply for the RSP

 

Short-Term Absence Payment

The Short-Term Absence Payment (STAP) is available for businesses, including self-employed people, to help pay their workers who cannot work from home while they wait for a COVID-19 test result.

Click here >  For more information

 

Leave Support Scheme

The Leave Support Scheme (LSS) is available for employers, including self-employed people, to help pay their employees who need to self-isolate and can't work from home.

Click here >  For more information

We are ready to help you through

If you have any questions about the above or anything else, do not hesitate to get in touch. We are here to help you through these challenging times.

Email us at admin@pkftauranga.co.nz or call us on 07 577 9689

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