skip to content

COVID-19 – Financial Support – 30 Sep 2021

[vc_section css=”.vc_custom_1590572438805{margin-bottom: 0px !important;padding-top: 0px !important;}”][vc_row css=”.vc_custom_1586774289616{margin-bottom: 0px !important;}”][vc_column][vc_column_text css_animation=”none”]

Covid-19 Financial Support Update – 30 Sep 2021

Wage Subsidy August 2021 #4

[/vc_column_text][gem_divider margin_top=”10″][vc_column_text]Applications for another round of COVID-19 Wage Subsidy August 2021 are open for two weeks from 9 am Friday 1 October 2021 (Tomorrow).

Your business needs to meet the eligibility criteria and agree to meet the obligations in the declaration to be able to get a COVID-19 Wage Subsidy August 2021 payment. It’s available to all New Zealand businesses and self-employed people that meet eligibility criteria.

The full eligibility details and obligations are set out in the declaration, which you must read and agree to when you apply for a COVID-19 Wage Subsidy August 2021 payment. (Declaration)

For more info, please click HERE.[/vc_column_text][gem_divider margin_top=”10″][vc_column_text css_animation=”none”]

Reminder from the previous update: Resurgence Support Payment (RSP) #2

[/vc_column_text][vc_column_text]Applications for a 2nd payment under the RSP can be submitted from 17 September 2021 at 8 am.

Businesses will need to show a 30% or more drop in revenue in a 7-day period from 8 September until immediately before all of NZ returns to Alert Level 1 compared to a typical 7-day period in the 6 weeks before 17 August.

The payment will stay as $1,500 plus $400 per full-time equivalent (FTE) employee up to a maximum of 50 FTEs, or four times the actual revenue decline experienced by the applicant, whichever is less.

Applications for the second payment can be submitted from 17 September on Inland Revenue’s website, www.ird.govt.nz.

Businesses and organisations will be able to apply for the second payment even if they have received the first payment.

 

If you have any questions or need help with these applications, please feel free to contact us.[/vc_column_text][gem_divider margin_top=”10″][vc_separator][vc_column_text]Please find us on:

Facebook: https://www.facebook.com/blackarrownz
Linkedin: https://www.linkedin.com/company/black-arrow-business-studio
Instagram: https://www.instagram.com/blackarrow.nz
Our Blogs: Blogs & Updates

Follow us and give us a like to see more updates and news.[/vc_column_text][/vc_column][/vc_row][/vc_section]


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.


Level Up Your Business Intel

Join our newsletter for the latest business tips, tax updates, and strategic thinking.