Resurgence Support Payment (RSP)
Todays update on Resurgence Support for NZ Businesses The Minister of Finance has announced a second payment of the Resurgence Support Payment (RSP) for the alert level increase that started on 17 August. The announcement says 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 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. Applications will open for the second payment at 8am next Friday, 17 September on Inland Revenue's website, www.ird.govt.nz. Businesses and organisations will be able to apply for the second payment even if they have received the first payment. Applications for both payments will remain open until 1 month after the whole of Aotearoa New Zealand returns to Alert Level 1. Reminder: The eligibility criteria also changed for newer businesses on 9 September 2021, please visit our website for more information: Eligibility for the Resurgence Support Payment (RSP) (ird.govt.nz) .
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