Tēnā tātou katoa,
Today the Minister of Finance announced that businesses and organisations will be able to apply for a second Resurgence Support Payment (RSP) even if they have received the first payment.
Applications will open for the second payment at 8am on Friday 17 September on Inland Revenue's website.
Businesses will need to show a 30% or more drop in revenue in a 7-day period, from 8 September until immediately before all of NZ returns to Alert Level 1. This must be compared to a typical 7-day period in the 6 weeks before 17 August.
The payment will stay as $1,500 plus $400 per full-time equivalent (FTE) employee up to a maximum of 50 FTEs, or four times the actual revenue decline experienced by the applicant, whichever is less.
Reminder: The eligibility criteria also changed for newer businesses on 9 September 2021. A business or organisation must have been in business for at least 1 month. The original criterion was six months. Read more here.
More information on RSP can be found on the IR website.
Noho ora mai,
NZ Māori Tourism.