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Source: Inland Revenue Department –

The Government has announced a package to support businesses and individuals in the event of a change in COVID-19 alert levels. The package contains a proposal for a one-off resurgence support payment which businesses can apply to Inland Revenue for:

  • The one-off payment will be $1,500 plus a $400 payment per employee up to a total of 50 FTEs.
  • Businesses will need to declare a drop of 30% or more in income over a 14-day period as a result of an increase from Alert Level 1 to Alert Level 2 or higher.
  • They must have been in business for at least six months in order to apply.

Legislation containing the measure is expected to be introduced early next year. For more information see the Minister of Finance’s media statement.

MIL OSI