Covid-19 Resurgence Support Payment (RSP)

Feb 18, 2021

—

in Accounting & Tax, Bookkeeping, Business, IRD, Uncategorized

On 17 February 2021 the Government activated the Covid Resurgence Support Payment.

Eligible businesses will be able to apply for the payment from next Tuesday, 23 February 2021.

The RSP was announced before Christmas as part of the Government’s COVID support initiatives for businesses with reduced revenue due to COVID alert level increases.

To be eligible, businesses must experience a 30% drop in revenue or more over a 7-day period after the increased alert level – as well as meet a range of other RSP eligibility criteria.

Tax agents can apply for the RSP on behalf of their clients, if they have the authority to apply and hold a record of that authority.

You can find full information here: Covid-19 Resurgence Support Payment (RSP)

The content in this blog is intended to provide general insights and should not be regarded as professional advice. Each business situation is unique, and we recommend consulting with a professional for specific guidance. At Black Arrow Business Studio, we specialise in accounting and consulting services designed to support your business’s growth and success. Feel free to contact us for expert advice and customised solutions.

Are you struggling with accounting and business management for your business? We are here to help! Get in touch with us to discuss how our expert services can support your business’s success. Contact us today to schedule a free consultation and see how we can add value to your operations. Please find us on Facebook | Linkedin | Instagram – Follow us and give us a like to see more updates and news.