The Government has announced additional financial support for eligible businesses nationwide in response to the 28 February move to Alert Level 3 in Auckland and level 2 for the rest of New Zealand. The recent Level 3 lockdown triggers the new nationwide Wage Subsidy Scheme in addition to other financial support payments.
Wage Subsidy Scheme
A new Wage Subsidy scheme is available for eligible employers and self-employed people that experience a 40% drop in predicted or actual revenue over a consecutive 14-day period, compared to a typical fortnightly revenue in the six weeks before the rise in alert level.
Employers can apply from 1pm on Thursday 4 March 2021 and payments start from Monday 8 March 2021.
Businesses must be able to show that the revenue drop is due to the change in alert level, not just COVID-19 in general.For more information
Resurgence Support Payment
The Resurgence Support Payment is for businesses or organisations (including sole traders) with reduced revenue due to a COVID alert level increase to level 2 or higher. Eligible businesses can receive the Resurgence Support Payment in addition to the other payments listed here.More information
Short-term Absence Payment
This is available to help businesses and self-employed people pay their employees unable to work from home pending a COVID-19 test result. Impacted businesses can claim a one-off payment of $350 for each eligible employee.More information
Leave Support Scheme
The Leave Support Scheme is for employees and self-employed people required to self-isolate and are unable to work from home. This scheme ensures that they will still receive some income during self-isolation.More information
Financial support for businesses
For comprehensive information on all financial support available, including a financial support tool, visit the COVID-19 Unite page.Read more
Employee Assistance Program
The Employee Assistance Program (EAP) IS available for all CA ANZ members and their families. This confidential counselling service is free to members.Read more