Happy Days for New Businesses 1-6 months old

Resurgence Support is to be made available to businesses between 1- 6 months old that previously have been excluded from Resurgence Support offered by IRD


This change applies to the current round of the RSP and any future ones. If your business has been in operation since 17 July 2021, you may now be eligible for RSP. You still need to met all of the other criteria for the RSP.

The change in criteria will become active from 8am on 9 September 2021 on Inland Revenue's website. Please wait until that date before applying if this relates to you. Otherwise you application will be declined.


Please make sure that you fully understand the critieria before applying.


See blog post for more information about criteria.

https://www.epiphanyaccountingsolutions.co.nz/post/wage-subsidy-and-rsp-clearing-up-misunderstandings

Information sourced from ICNZB update.



41 views0 comments

Disclaimer
Epiphany Accounting Solutions Ltd and its employees do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.