What you need to know
Updated: 13 September 2021
A number of options could be available to your business if you have been impacted negatively by this currently lockdown:
- The Wage Subsidy Scheme (WSS) allows eligible employers anywhere in the country to apply if they expect a loss of 40 percent of revenue as a result of the alert level increase announced this week. The WSS rates have been increased to reflect the increase in age costs since the scheme was first used in March 2020. Businesses will be eligible for $600 per week per full-time equivalent employee, and $359 per week per part-time employee. The Wage Subsidy will be paid as a two-week lump sum. Applications are now open for the second round of the Wage Subsidy. If you received the first round payment, you'll be contacted via email about reapplying provided you still meet the eligibility criteria.
- A Resurgence Support Payment (RSP) is available if firms incur a loss of 30 percent of revenue as a result of the alert level increase. The RSP is worth up to $1500 plus $400 per full-time equivalent employee, up to a maximum of 50 full-time employees (so up to a total of $21,500). The Government has recently announced a second installment of the RSP. Applications for this payment will open on www.ird.govt.nz from 17 September.
- The Leave Support Scheme (LSS) provides a two-week lump sum payment of either $585.80 per week for full-time workers, or $350 per week for part-time workers, who must self-isolate and cannot work from home. More information is available here.
- The Short-Term Absence Payment (STAP) provides a one-off (once per 30 days) $350 payment for workers who must miss work due to a COVID-19 test and cannot work from home. Further information about this payment is available on the MSD website.