COVID-19 business assistance

Information on financial help available to businesses affected by COVID-19.

COVID-19 Wage Subsidy August 2021

Ministry of Social Development

The COVID-19 Wage Subsidy August 2021 is a payment to support employers and self-employed people to pay employees and protect jobs. A 6th round of payment is available from 9am on Friday 29 October 2021 until 11.59pm on 11 November.

About What it's about

The Wage Subsidy August 2021 payments support employers to continue to pay employees and protect jobs for businesses affected by the continuing effects of COVID-19 alert levels 3 and 4.

Who Who it's for

Businesses who’ve experienced a drop in revenue due to COVID-19 alert levels 3 and 4. You can’t get a Short-term Absence Payment or a Leave Support Scheme payment for an employee if you’re already getting a Wage Subsidy for them.

Offers What it offers

The subsidy will be paid at the rate of:

  • $600 a week for each full-time employee retained (20 hours a week or more)
  • $359 a week for each part-time employee retained (less than 20 hours a week).

Resurgence Support Payment (RSP)

Inland Revenue

The Resurgence Support Payment is for viable and ongoing businesses or organisations with reduced revenue due to a COVID alert level increase to level 2 or higher.

About What it's about

This payment has been introduced as part of the government’s COVID-19 support initiatives to help cover business expenses such as wages and fixed costs.

Two payments are now available for the alert level increase announced on 17 August 2021. Applications for payments are open. 

Businesses and organisations can apply for the second payment even if they have received the first payment. Both payments will remain open until 1 month after the whole of Aotearoa New Zealand returns to alert level 1.

Who Who it's for

To be eligible, your business must have experienced at least a 30% drop in revenue (or 30% decline in capital-raising ability) over a continuous 7-day period at the raised alert level when compared with a typical 7-day revenue period in the previous 6 weeks, ie

  • For the first RSP: On or after 17 August 2021 and immediately before all of New Zealand returns to alert level 1
  • For the second RSP: On or after 8 September 2021 and immediately before all of New Zealand returns to alert level 1.

You are only entitled to apply for 1 RSP for each of the above-mentioned periods.

You must also meet a range of other eligibility criteria.

Offers What it offers

The maximum size of the payment your business or organisation may be eligible for is dependent on the number of full-time equivalent (FTE) employees and your level of revenue.

The RSP is calculated as $1,500 plus $400 per FTE (up to 50 FTE). The maximum payment is $21,500. Sole traders can receive a payment of up to $1,900.

Businesses with low revenue will have their payment capped at four times (4x) the amount their revenue has dropped over the 7-day period. For example, if the business has 3 FTE employees, they would be entitled to $2,700. However, if their revenue drop was $500, the RSP payment would be limited to $2,000.

Find out more about the RSP on Inland Revenue’s website.

COVID-19 Small Business Cashflow (loan) Scheme

Inland Revenue

Government loans for small businesses impacted by a loss of revenue due to COVID-19.

About What it's about

A government loan over a term of 5 years for small to medium businesses affected by COVID-19.

Who Who it's for

Businesses set up after 1 April 2020. They need to have been in business for at least 6 months before applying, and to meet other eligibility criteria.

Offers What it offers

Businesses will be entitled to a loan of $10,000, plus $1,800 per full-time employee, up to a maximum of $100,000.

COVID-19 Short-Term Absence Payment

Ministry of Social Development

The COVID-19 Short-term Absence Payment supports businesses to help pay employees who can’t work from home while they wait for a COVID-19 test result. Before you apply, you may like to check to see if your business is eligible for a Wage Subsidy (external site).  

About What it's about

Helping businesses keep paying eligible workers who:

  • cannot work from home, and
  • need to miss work to stay home while waiting for a COVID-19 test (in line with public health guidance).

Who Who it's for

Businesses and self-employed workers. You can’t get this payment if you’re already getting a Wage Subsidy or Leave Support Scheme payment for your employee. There are also other eligibility criteria, which are outlined on the Work and Income website.

Offers What it offers

A one-off payment of $359 for each eligible worker.

COVID-19 Leave Support Scheme

Ministry of Social Development

Payments from Work and Income to support employers, including self-employed people, to pay wages if their employees can’t work due to COVID-19. Before you apply, you may like to check if your business is eligible for a Wage Subsidy.

About What it's about

Supporting businesses whose workers have been told to self-isolate and can't work from home.

Who Who it's for

Employers, including self-employed people, so they can pay employees who have been told to self-isolate because they meet certain health criteria and who can't work from home. You can’t get this payment if you’re already getting a Wage Subsidy or Short-term Absence Payment for this employee. There’s more eligibility criteria on the Work and Income website.

Offers What it offers

Payments of $600 for people working 20 hours or more a week, or $359 for people working less than 20 hours per week. The payment is made as two-week lump sums. Businesses can reapply for their employees if they continue to meet the criteria.

General COVID-19 information for businesses

Accident Compensation Corporation

We’ve made the decision to delay all ACC invoices by three months to reduce the immediate impact of COVID-19 on businesses.

About What it's about

All invoices due to be sent in 2020 had a three-month grace period which resulted in CoverPlus Extra invoices being issued from July 2020 and all other invoices from October 2020.

Who Who it's for

Businesses that pay an ACC levy.

Offers What it offers

  • Delayed invoicing
  • Payment plans
  • To let us know if you’re no longer in business
  • How ACC levies work with the government wage subsidy

COVID-19 recovery package

Programmes and initiatives that fund job creation as part of the COVID-19 recovery package.

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