HAS YOUR BUSINESS BEEN AFFECTED BY COVID-19?

Government support is available to eligible businesses, to help business owners overcome the challenges thrown at them by the pandemic.

​ Government & Financial Support:

Vaccinations are a Hot topic, click here to see how employers can help and information on workplace vaccinations. 

On the 22nd October the Finance minister announced the Resurgence Support Payment will be increased in amount and frequency, for more information CLICK HERE.

Want to know about;

Information update 04th October 2021

With Raglan, Te Kauwhata, Huntly, Ngāruawāhia, Hamilton City and some surrounding areas now in Alert Level 3 for five day many of our local business may be affected. Limited movement within Waikato for this temporary period will be necessary in limiting the Delta Variant's spread. 

Getting Vaccinated and tested if you are symptomatic are vital actions people can take to help right now. 

COVID-19 symptoms include a sore throat, shortness of breath, runny nose, sneezing, fever, new or worsening cough and temporary loss of smell or sense of taste. If you have these symptoms go and get a test, they are free. CLICK HERE for a list of Cambridge testing sites. 

If you need help to book your vaccine, click below and follow the steps. Alternatively, HERE is a list of walk in/ drive in center's.

Currently available Financial Assistance Schemes

HAS YOUR BUSINESS BEEN AFFECTED BY COVID-19?

If your business has reduced revenue?

COVID-19 Wage Subsidy Scheme (WSS) is available nationally when there is a regional or national move to Alert Levels 3 and 4 for a period of seven days and helps eligible businesses keep paying staff and protect jobs. 

Businesses must meet the eligibility criteria to apply. 

  • The WSS rates have been increased to reflect the increase in wage costs since the scheme was first used in March 2020.
  • Businesses and self-employed people must expect a 40% drop in revenue to be eligible to receive the wage subsidy. 
  • The wage subsidy is paid in a 2 week lump sum. You can get:
  • $600 per week for each full-time employee
  • $359 per week for each part-time employee
    • You cannot get the Wage Subsidy August 2021, Leave Support Scheme and Short-Term Absence Payment for the same employee at the same time.
  • Applications for the third August 2021 Wage Subsidy have now closed. 
  • Applications for the fourth August 2021 Wage Subsidy are now open. 
    • The payment rates and eligibility criteria remain the same. 
    • If you did not apply for the third Wage Subsidy you can apply for the fourth one if you meet eligibility criteria.
    • If you applied for the third August 2021 Wage Subsidy, you will need to wait 2 weeks after your application before you can apply for the third Wage Subsidy, even if you haven't received a payment yet.
    • If you did not apply for the third Wage Subsidy you can apply for the fourth one if you meet eligibility criteria. If you applied for the third August 2021 Wage Subsidy, you will need to wait 2 weeks after your application before you can apply for the third Wage Subsidy, even if you haven't received a payment yet.

​ Resurgence Support Payment:

The COVID-19 Resurgence Support Payment helps businesses directly affected when there’s an increase from Alert Level 1 for a week or more. It helps to cover wages and fixed costs.

The Government has activated the Resurgence Support Payment, and businesses can apply through myIR from Tuesday 23 February. It is available to all eligible businesses and organisations in New Zealand.

To be eligible for the payment, your business must have experienced at least a 30% drop in revenue or capital-raising ability over a 7 day period after the increased Alert Level, and meet other criteria.

Eligible businesses can apply to receive the lesser of:

$1,500 plus $400 per full-time equivalent (FTE) employee, up to a maximum of 50 FTEs, or

4 times (4x) the actual revenue drop experienced by the business. A total of up to $21,500

Find out if your business is eligible, and how to apply

Covid-19 Short Term Absence Payment:

The COVID-19 Short-term Absence Payment helps businesses to pay their employees who cannot work from home while they wait for a COVID-19 test result. This payment is also available to self-employed people.

The payment helps businesses keep paying employees who:

cannot work from home, and

need to stay at home while waiting on a COVID-19 test result.

This must be in line with public health guidance

A one-off payment of $350 is available for each employee. You can apply for it once for each eligible employee in any 30-day period. However, you can apply for it again if a health official or doctor tells them to get another test.

Your business should encourage employees to call Healthline or talk to their doctor if they are unwell.

Who is eligible for the COVID-19 Short-term Absence Payment, and how to apply

​ Covid-19 Leave Support Scheme:

The COVID-19 Leave Support Scheme is still available for businesses to help pay employees who need to self-isolate for other reasons and cannot work from home.

If your employees have been advised to self-isolate and they cannot work from home, you can apply for the COVID-19 Leave Support Scheme for them. You can also apply if you are self-employed or a sole trader. 

The scheme means employees and self-employed people receive an income if they cannot work from home while they’re self-isolating. 

You can apply for the payment if your employees are not able to be at work, cannot work from home and have advised you that:

they have COVID-19 and must self-isolate until a medical practitioner advises they can leave self-isolation

they have been directed to self-isolate, or are the parent or caregiver of a dependant who has been directed to self-isolate, by a Medical Officer of Health (a Medical Officer of Health is defined in the Health Act 1956)

they are identified as a close contact of someone who has COVID-19, and they have been advised to self-isolate by a medical practitioner or through the National Contact Tracing process

they are the parent or caregiver of a dependant who has been advised to self-isolate by a medical practitioner or through the National Contact Tracing process, or

they are, or they have household members who are, most at risk of severe illness from COVID-19 (as defined in official Government public health guidance), and have been advised by a medical practitioner to self-isolate.

The COVID-19 Leave Support payment is paid as a lump sum, calculated to cover 2 weeks. You can re-apply after this time if your employees still qualify.

Who is eligible for the COVID-19 Leave Support Scheme, and how to apply

The criteria for getting the COVID-19 Leave Support Scheme changed at 9am on 9 February 2021. If you applied before this time, you need to meet the old criteria.

If your employees need to stay home while waiting on a COVID-19 test result and cannot work from home, the COVID-19 Short-term Absence Payment is available.

​Covid-19 Short Term Absence Payment:

The COVID-19 Short-term Absence Payment helps businesses to pay their employees who cannot work from home while they wait for a COVID-19 test result. This payment is also available to self-employed people.

The payment helps businesses keep paying employees who:

cannot work from home, and

need to stay at home while waiting on a COVID-19 test result.

This must be in line with public health guidance

A one-off payment of $350 is available for each employee. You can apply for it once for each eligible employee in any 30-day period. However, you can apply for it again if a health official or doctor tells them to get another test.

Your business should encourage employees to call Healthline or talk to their doctor if they are unwell.

Who is eligible for the COVID-19 Short-term Absence Payment, and how to apply

The COVID-19 Leave Support Scheme is still available for businesses to help pay employees who need to self-isolate for other reasons and cannot work from home.

​Wage Subsidy

The Wage subsidy scheme allows eligible employers anywhere in the country to apply for if they expect a 40% loss of revenue because of the Alert level increases. The rates have also been increased to reflect the increase of wages since the scheme first started in March 2020. Businesses will be eligible for $600 per week per full time equivalent employee, and $359 per week part-time employee. The Wage subsidy will be paid as a two-week lump sum. Applications open on Friday the 20th; first payments are usually available after 3 days. An update link will be posted when available, however for official updates see Covid-19 Wage subsidy extension [click here].

Also available Herald business article about wage subsidy scheme availability.

We will also be updating our Facebook page as new information comes to light. 



​Business cash flow and tax measures:

Inland Revenue has information on a range of measures to help businesses as they recover. These include:

  • Greater flexibility for taxpayers in respect of statutory tax deadlines
  • Changes to the tax loss continuity rules
  • A tax loss carry-back scheme
  • Measures to support commercial tenants and landlords
  • Further business consultancy support.

Business cash flow and tax relief measures


More links and info

https://www.workandincome.govt...
Insolvency relief for businesses:
https://www.companiesoffice.go...
Covid-19 commercial lease dispute service:
https://www.justice.govt.nz/tr...
Work & Income Support Eligibility:
www.workandincome.govt.nz/online-services/eligibility/index.html
Ministry of Social Development:
https://my.msd.govt.nz/
Assistance with business support funding;
Te Waka- The Waikato's Economic Development Agency

 

This product has been added to your cart

CHECKOUT