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 August 2021, with applications initially open for two
weeks. For more information on the WSS, see
https://www.workandincome.govt.nz/covid-19/index.html

The Resurgence Support Payment (RSP). This payment will be available to
any business or organisation in New Zealand that experiences at least a 30%
drop in revenue or a 30% decline in capital-raising ability over a 7-day period,
due to a COVID-19 alert level increase of level 2 or higher. This will be open to
applications from 8am on Tuesday 24 August 2021 and will be available until one
month after a nationwide return to Alert Level 1. For more information on the
RSP, see https://www.ird.govt.nz/covid-19/business-and-
organisations/resurgence-support-payment


The Leave Support Scheme (LSS). This payment provides a two-week lump
sum payment of either $585.80 per week for full-time workers or $350 per week
for part-time workers who must self-isolate and cannot work from home. The
rates increase to either $600 per week for full-time workers or $359 per week for
part-time workers from Tuesday 24 August 2021. For more information on the
LSS, see https://www.workandincome.govt.nz/covid-19/leave-support-
scheme/index.html

The Short-Term Absence Payment (STAP). This payment provides a one-off
(once per 30 days) payment of $350 for workers who must miss work due to a
COVID-19 test and cannot work from home. The rate increases to $359 from
Tuesday 24 August 2021. For more information on the STAP, see
https://www.workandincome.govt.nz/covid-19/short-term-absence-payment

The Small Business Cashflow Scheme (SBCS). This scheme supports small to
medium businesses and organisations struggling with a loss of actual revenue due
to COVID-19. Applications are open until 31 December 2023. For more
information on the SBCS, see https://www.ird.govt.nz/covid-19/business-and-
organisations/sbcs

Filing and Paying

We do understand that payment arrangements might need to be made. Businesses that
have an amount to pay can set up a repayment plan to pay it over time. This can be for
amounts due now or later. For more information, see https://www.ird.govt.nz/covid-
19/manage-my-tax/filing-and-paying/difficulty-in-paying-tax

If COVID-19 has impacted a business’s ability to pay tax on time, a request can be
submitted for remission of penalties and interest through myIR. For more information on
financial relief, see https://www.ird.govt.nz/covid-19/manage-my-tax/penalties-and-
interest/requesting-financial-relief