IRD----Important message for Businesses
Significant support is available for businesses following the rise in alert levels announced by the Prime Minister on 17 August 2021.
These measures include:
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• The Wage Subsidy Scheme (WSS). This payment will be available nationally to help eligible businesses continue paying staff and protecting jobs. To reflect increased wage costs, the payments have been increased to $600 for full-time employees and to $359 for part-time employees. This will be open to applications from 9am on Friday 20 August 2021, with applications initially open for two weeks. For more information on the WSS, see www.workandincome.govt.nz...
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• The Resurgence Support Payment (RSP). This payment will be available to any business or organisation in New Zealand that experiences at least a 30% drop in revenue or a 30% decline in capital-raising ability over a 7-day period, due to a COVID-19 alert level increase of level 2 or higher. This will be open to applications from 8am on Tuesday 24 August 2021 and will be available until one month after a nationwide return to Alert Level 1. For more information on the RSP, see www.ird.govt.nz...
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• The Leave Support Scheme (LSS). This payment provides a two-week lump sum payment of either $585.80 per week for full-time workers or $350 per week for part-time workers who must self-isolate and cannot work from home. The rates increase to either $600 per week for full-time workers or $359 per week for part-time workers from Tuesday 24 August 2021. For more information on the LSS, see www.workandincome.govt.nz...
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• The Short-Term Absence Payment (STAP). This payment provides a one-off (once per 30 days) payment of $350 for workers who must miss work due to a COVID-19 test and cannot work from home. The rate increases to $359 from Tuesday 24 August 2021. For more information on the STAP, see
www.workandincome.govt.nz...
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• The Small Business Cashflow Scheme (SBCS). This scheme supports small to medium businesses and organisations struggling with a loss of actual revenue due to COVID-19. Applications are open until 31 December 2023. For more information on the SBCS, see www.ird.govt.nz...
We know it may be challenging in the current environment to continue filing returns. However, filing returns ensures information about your businesses is up-to-date and accurate. It will also help support any applications for the Government’s COVID-19 relief packages. For details about filing and paying, see www.ird.govt.nz...
We do understand that payment arrangements might need to be made. Businesses that have an amount to pay can set up a repayment plan to pay it over time. This can be for amounts due now or later. For more information, see www.ird.govt.nz.../difficulty-in-paying-tax
If COVID-19 has impacted your business’s ability to pay tax on time, a request can be submitted for remission of penalties and interest through myIR. For more information on financial relief, see www.ird.govt.nz...
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Poll: Should employees be able to work from home?
At the post-Cabinet press conference, the National Party asserted they want public sector staff to return to the office. This has opened a conversation about other sectors in New Zealand who have adopted working from home (WFH).
Where possible, do you think employees should be able to work from home? Vote below and share your thoughts in the comments.
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70% Yes
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26.9% No
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3.1% Other - I'll share below
Poll: What special qualities should a 5-star New Zealand airport hotel at our largest international airport have?
Te Arikinui Pullman Auckland Airport is New Zealand’s only 5-star airport hotel, given its incredibly close proximity to the airport, the convenience of walking to the airport is a major highlight but there are plenty of other features that make it special.
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2.3% Unmatched runway views with a private lounge
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44.8% Exceptional service from arrival to departure
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5.7% Gourmet dining featuring New Zealand's finest, celebrating Te Ao Māori kai
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40.2% A soundproof oasis with all desired amenities
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6.9% Māori culture reflected throughout, creating an architectural marvel
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I can fly but have no wings. I cry but have no eyes. What am I?
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