Government support update

Wage Subsidy

Applications for the seventh round of the wage subsidy will be closing at 11:59pm on 25 November 2021.

We expect applications for the eighth round of the wage subsidy to open at 9am on 26 November 2021, with the eligibility criteria remaining the same as before.

Resurgence Support Payment

In line with the government’s announcement on 22 October, we expect applications for the sixth round of the resurgence support payment to open on 26 November 2021, with the eligibility criteria remaining the same as before.

Inland Revenue have also indicated that applications for round 4 onwards will close six weeks after any part of New Zealand has moved to the new protection framework. Applications for rounds 1 through 3 will be closing on 1 December 2021.

Future Support

With the pending end of the alert level system, it is not clear what level of government support will be provided going forward.  While the government did indicate there would be a new support framework determined by the end of November, this date is fast approaching with no announcement as yet.

If you have any queries or require any assistance, please contact your Baker Tilly Staples Rodway advisor.

DISCLAIMER: Our team is dedicated to helping you continue with business as usual, as much as you can. Information on government help is changing constantly and within hours of articles being added, the specifics may be out of date or only partially accurate. While we endeavour to keep this website accurate and current, our top priority is providing our clients with dedicated and relevant personal advice. If you need specific and up-to-date information, please seek help from your usual advisor directly.

No liability is assumed by Baker Tilly Staples Rodway for any losses suffered by any person relying directly or indirectly upon any article within this website. It is recommended that you consult your advisor before acting on this information.

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