IRD - COVID-19 Resurgence Support Payment (RSP)
Due to the alert level increase announced on 17 August, your business may be eligible for the COVID-19 Resurgence Support Payment (RSP). Receiving any other Government COVID-19 support does not affect eligibility for the RSP.
You will have to meet the criteria below in order to apply:
Business or organisation have experienced at least a 30% drop in revenue or a 30% decline in capital-raising ability over a 7-day period, due to the increased COVID-19 alert level. This decrease in revenue or capital-raising ability is compared with a typical 7-day revenue period in the 6 weeks prior to the increase from alert level 1.
Businesses and organisations (including sole traders) must have been in business for at least 6 months.
The business or organisation must be considered viable and ongoing.
Income that is received passively – such as interest and dividends, and all forms of residential and commercial rent – is excluded from the measurement of revenue.
The business must be physically present in New Zealand.
Businesses and organisations (including sole traders) must have a New Zealand Business Number.
Applications for the alert level increase announced on 17 August will open at 8am on 24 August.
For more information, please refer to: https://www.ird.govt.nz/covid-19/business-and-organisations/employing-staff/financial-support/resurgence-support-payment
We are also able to apply RSP on your behalf,. If you are interested in applying RSP, please don’t hesitate to contact us via celia@strong.co.nz.
Be well and stay safe.