COVID-19 Support Payment
The COVID-19 Support Payment (CSP) is available to help support businesses that – apart from being COVID-affected – are viable and ongoing, and which have experienced a 40% or more drop in revenue because of one or more of:
- the widespread presence of COVID-19 in the community
- the public health legislative measures taken to reduce the community spread of COVID-19
- any business circumstances that are, or are likely to be, an outcome of the first two.
These circumstances might include:
- not being able to operate to usual levels due to staff having to self-isolate
- New Zealand based supply chain disruptions
- lower retail and recreation movements in a region (for example in a CBD) due to customers working from home or self-isolating.
The CSP is available on a fortnightly basis for 6 weeks, meaning 3 payments in total, each of which needs to be applied for separately. Eligible businesses may receive payments of up to $4,000 per business plus $400 per fulltime employee, capped at 50 FTEs or $24,000. Each CSP payment has an affected revenue period. Applications for all three close on 5 May 2022.
Payments must be used to cover business expenses and there are terms and conditions which you must agree to when you apply for the CSP about what it can and cannot be spent on.
Let us know if you’d like help working through the eligibility criteria and business calculations.
View our COVID-19 updates page here.