Financial support to move to traffic light system

A new transition payment will be made available particularly for affected businesses in Auckland, Waikato and Northland to acknowledge the restrictions they have faced under the higher Alert Levels.

A one-off transition payment will be activated through the Resurgence Support Payment system criteria and be available on December 10. This payment is at a higher base rate than the current Resurgence Support Payment and will be $4,000 per business plus $400 per FTE up to a cap of 50 FTEs – a maximum payment of $24,000. The affected revenue period for the Transition Payment will be set between October 3 and November 9, and must be compared to a typical week in the six weeks prior to August 17

Last week the final wage subsidy and Resurgence Support Payment opened for applications. These will still open, and pay out even though we are moving to the new Framework, in addition to the transition payment. 

Support to be off work while isolating or to take leave while waiting for test results, currently provided by the Leave Support Scheme and the Short Term Absence Payment, will also remain available under all levels of the Protection Framework.

At all levels of the new Protection Framework, most businesses will be able to operate at almost full capacity. The Transition payment reflects a progressive shift away from the broad based economic supports provided under the current alert level system. 

Read the press release

COVID-19 Financial support for business

Applications for the first three rounds of the Resurgence Support Payment close on 1 December. Applications for subsequent rounds will remain open.

For a summary of the financial support available to help you, your business and employees through the response to COVID-19, visit biz.govt.nz | Financial support for businesses

SOURCE: Ministry of Health

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Bernadette Robert

Bernadette Robert