NZ 2021 Covid lockdowns
In response to the 2021 Covid lockdowns, we have gathered a range of resources and information to help you navigate this trying time.
Below is a summary of government support measures introduced to help businesses during the COVID-19 lockdown announced on 17 August 2021 and updated since.
Various government departments are updating their websites detailing support measures for businesses and workers. We encourage you to re-visit the websites below regularly for updates.
Resurgence Support Payment
The Resurgence Support Payment (RSP) is a payment to help support viable and ongoing businesses or organisations due to a COVID-19 alert level increase to level 2 or higher. We can apply for the RSP on behalf of our clients; however we will need to obtain authority from you to do this.
Eligible businesses and organisations including self-employed people anywhere in the country can apply for the RSP if, because of the Alert Level increase, they incur a loss of 30 percent of revenue or a 30% decline in capital raising ability over a 7-day period compared with a typical 7-day revenue period in the 6 weeks prior to the increase from alert level. Eligible businesses may apply to receive the lesser of:
$1,500 plus $400 per full-time equivalent employee, up to a maximum of 50 full-time employees (so up to a total of $21,500), and
four times (4x) the actual revenue decline experienced by the applicant.
Receiving any other Government COVID-19 support does not affect eligibility for the RSP. Applications open at various times depending on Alert Levels in your area.
Wage Subsidy Scheme
The Wage Subsidy Scheme (WSS) is eligible to employers and self-employed people anywhere in the country they can apply for the WSS if they expect a loss of 40 percent of revenue because of the Alert Level increases..
The WSS rates have been increased to reflect the increase in wage 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. Wage Subsidy payments for all eligible employees will be paid as a two-week lump sum. Applications open as Alert levels extend.
Short-Term Absence Payment
The Short-Term Absence Payment (STAP) is available for businesses, including self-employed people, to help pay their workers who cannot work from home while they wait for a COVID-19 test result.
Leave Support Scheme
The Leave Support Scheme (LSS) is available for employers, including self-employed people, to help pay their employees who need to self-isolate and can't work from home.
Small Business Cashflow Loan Scheme (SBCLS)
The Small Business Cashflow Loan Scheme (SBCLS) is for viable businesses and self-employed people with 50 or fewer full time equivalent employees that have been in business for 6 months or more, and have experienced at least a 30 percent decline in actual revenue may be eligible for a loan under the SBCLS.
The loan must be used to pay for core operating costs of your business or organisation or capital costs that are intended to help your business adapt to the circumstances arising because of COVID-19. Applications for the scheme are open until 31 December 2023.
Please don't hesitate to use our Employee Assistance Programme (EAP) – personal guidance and support is available for all our clients.
Please do not hesitate to contact our team if you have any concerns or queries and want to talk it through with someone.