Latest financial support for Covid-19 disruption

There is a range of additional and extended support available to NZ businesses in light of the recent change in Alert Levels.

Here’s a quick overview, find out more here or give us a call.

 

COVID-19 Short-term Absence Payment


Available from 9am on 9 February 2021, it’s to help businesses keep paying eligible workers who:
  • cannot work from home and
  • need to miss work to stay at home while waiting on a COVID-19 test result (in line with public health guidance).
There’s a one-off payment of $350 for each eligible worker.
It will also be available to self-employed workers.
Parents or caregivers who need to miss work to support their dependents who are staying at home awaiting a test result will also be eligible.

 
You can learn more here.
 

COVID-19 Leave Support Scheme

This is still available. The payment rates are:
  • $585.80 for people working 20 hours or more per week (full-time rate)
  • $350 for people working less than 20 hours per week (part-time rate).
The Leave Support Scheme is for employees and self-employed people who meet certain health criteria (for example workers who are sick with COVID-19 or meet the other eligibility criteria).
 
Learn more here.
 

COVID-19 Wage Subsidy

This can be accessed if there is an escalation to Alert Levels 3 or 4 anywhere in New Zealand, for seven days or more.

Payment rates will be:
  • $585.80 for people working 20 hours or more per week (full-time rate)
  • $350.00 for people working less than 20 hours per week (part-time rate).
Support will be provided in two-weekly payments and total support will match the duration at Alert Level 3 or 4 rounded to the nearest fortnight.

As with the COVID-19 Wage Subsidy paid earlier this year, the payment is to support employers (or self-employed people) to pay their employees.
 

Resurgence Support Payment

A Resurgence Support Payment will be available from late-February 2021 for eligible businesses throughout New Zealand, if there's a move to Alert Level 2 or above for seven or more consecutive days. This one-off payment is to help businesses affected by the Alert Level upgrade with fixed costs.
 

Other financial support for businesses

You can find a complete list of all COVID-19 financial support currently available for businesses on the COVID-19 website.

Remember that we have a Covid Resource Hub on our website that is continually updated as new government COVID-19 relief initiatives are introduced, along with business recovery advice and information.

As always, we’re here to support you, please get in touch.