Key information

  • Doing business at Alert Level 2- Restrictions and Procedures

https://covid19.govt.nz/business-work-and-money/business/doing-business-at-alert-level-2/

  • Get your QR Poster:

https://covid19.govt.nz/business-work-and-money/business/get-your-qr-code-poster/

Government & Financial Support:
A list of all current government financial support schemes:

https://covid19.govt.nz/busine...

  • Financial Support Tool:

https://covid19.govt.nz/busine...

  • Support for people connected to current cases:

https://www.workandincome.govt...

Individual Schemes:

  • 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.
Applications are open for 1 month after the return to Alert Level 1.
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
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.

  • Covid-19 Leave Support Scheme:

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.

  • Wage Subsidy:

https://www.workandincome.govt...

  • Wage Subsidy Extension:

www.workandincome.govt.nz/covid-19/wage-subsidy-extension/index.html

  • Business Finance Guarantee Scheme:

Your small or medium-sized business may be eligible for a Business Finance Guarantee Scheme loan.
These loans can support operating cashflow and capital assets and projects related to, responding to or for recovering from the impacts of COVID-19.

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

  • 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

  • Small Business Cashflow Loan Scheme

Organisations and small-to-medium businesses, including sole traders and the self-employed, may be eligible for a one-off loan with a term of 5 years if they have been adversely affected by COVID-19.
The Small Business Cashflow Loan Scheme provides assistance to firms employing 50 or fewer full-time equivalent employees. The maximum amount that can be borrowed is $10,000 plus $1,800 per full-time-equivalent employee and only one amount can be drawn down.

Loans will be interest-free if they’re paid back within 2 years. The interest rate will be 3% for a maximum term of 5 years. Repayments are not required for the first 2 years.

Applications are open until 31 December 2023.

Apply for the Small Business Cash Flow Loan

  • Apprenticeship Boost Initiative:

Support will be available to employers of first-year and second-year apprentices in a Tertiary Education Commission-approved New Zealand Apprenticeship or Managed Apprenticeship programme.
The amount that can be claimed will vary depending on when an apprentice started their training programme and when they reach 24 months. Employers can claim:
$1,000 a month for eligible apprentices in the first 12 months of their training programme
$500 a month in the second 12 months of their training programme.
Funding will be available until April 2022.
Employers are required to top up the funding they receive to ensure their apprentices receive at least the minimum or training wage they are legally entitled to.

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


Please check back regularly as changes to available support are ongoing.


 

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