Government increases amount and frequency of the Resurgence Support Payment
The Minister of Finance has announced the Government will increase the amount and frequency of the Resurgence Support Payment.
The next payment, which is available from 29 October through myIR, will remain at the current rate of $1,500 plus $400 per full time equivalent (FTE) employee, up to a maximum of 50 FTE.
Subsequent payments will be for $3,000 plus $800 per FTE, still up to a maximum of 50 FTE.
The frequency of the payments will also change. They will be available fortnightly, on 12 November, 26 November, and 10 December as long as Auckland has not moved to the COVID Protection Framework
Keep well and remember, please contact me with any queries.
Stephen Diedericks and the team at Tax Owl.