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IRD – Covid-19 Support for Businesses

IRD: Support for business following alert level change

Significant support is available for your business clients following the rise in alert levels
announced by the Prime Minister on 17 August 2021.

These measures include:

The Wage Subsidy Scheme (WSS). This payment will be available nationally to
help eligible businesses continue paying staff and protecting jobs. To reflect
increased wage costs, the payments have been increased to $600 for full-time
employees and to $359 for part-time employees. This will be open to applications
from 9am on Friday 20

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Covid 19 Government Assistance – August 2021

Covid 19 Government assistance

The Government is offering assistance to businesses with five schemes:

• Wages Subsidy Scheme
• Resurgence Support Payment
• Leave Support Scheme
• Short-Term Absence Payment
• The Small Business Cash flow Scheme

Wages Subsidy Scheme

• $600 for full-time employees
• $359 for part-time employees
• Applications opened 20 August 2021
• Applications usually remain open for up to a month
• Extensive declaration form, with enormously long sentences (one of them has 155
words) – about 10 pages has to be signed
• You need

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2021 Budget Report

Wondering what the Budget had as its core offering?

See the summary from CCH on the key outcomes.

Content prepared by Wolters Kluwer with the assistance of specialist practitioners from Bell Gully

Disclaimer
Unfortunately, with details changing all the time and at such speed, we need to add that the above content is correct at the time of writing as far as the author

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