Applications for the second round of the COVID-19 Support Payment (CSP) opened on 14 March.
A business or organisation must have been in business for at least 1 month before 16 February 2022 and experienced at least a 40% drop in revenue over a consecutive 7-day period (7 days in a row) in an affected revenue period, due to one or more COVID-19 circumstances.
Any business in New Zealand that has had this drop in revenue may be eligible if they meet the other criteria.
Eligibility criteria
To be eligible for the CSP, your business or organisation (including sole traders) must meet all the following.
- Have been in business for at least 1 month before 16 February 2022.
- Be physically present in New Zealand.
- Be viable and ongoing.
- Have a New Zealand Business Number.
- Have had at least a 40% drop in revenue or capital raising as a result of one or more COVID-19 circumstances.
- If the applicant is part of a commonly owned group, this 40% drop also needs to be satisfied across the group as a whole.
- Have taken all reasonably practical steps to minimise the decline in revenue.
- If it is a regulated business or service, have been operating in compliance with the COVID-19 Vaccine Certificate (CVC) requirements for regulated business or services (whether following the CVC or non-CVC rules) for both the affected revenue period and any comparator period (or part of that period) (in so far as those CVC requirements applied to all or part of those periods).
- Applicants must be 18 years or older and agree to the terms and conditions set out in the application.
- If you break the terms of the agreement, you will have to repay the CSP – with interest.
For further information, please click here.
