The Government have announced that as we will be in level 3 or level 4 for at least 7 days from 18 August 2021, the Covid-19 Wage Subsidy and Resurgence Payments will once again be available to businesses throughout New Zealand who have been impacted by the alert level shift. 

 

Covid-19 Wage Subsidy Scheme

Wage Subsidy applications will open on Friday 20 August 2021.  Eligible businesses will need to show an expected loss of revenue of at least 40% as a result of the alert level change to be able to apply.  Applications are through the Work & Income website.

Payments have increased for this period to $600 per week per full-time employee and $359 per week for part-time employees.

The wage subsidy will be paid as a lump sum two-week payment and is usually paid within three days of making your application. 

The payment must be used to pay employee wages.  Shareholder employees and sole traders can apply for themselves. 


Resurgence Support Payment

If a business incurs a loss of 30% revenue due to the alert level change, they can apply for the resurgence support payment through MyIR on the IRD website. 

Payments for the Resurgence Support Payment are a lump sum of $1,500 plus $400 per full-time equivalent employee up to a maximum of 50 employees. 

The payments can be used for business expenses in general. Applications for this will open on 24 August.

 

Further support is available if staff must self-isolate or need to miss work to get a Covid-19 test and cannot work from home. 

If you would like help with applications for any of the above applications, please do not hesitate to be in touch.