Thursday, 04 Mar 2021

SUPPORT AVAILABLE 


Kia ora koutou, we hope you're all doing okay after the tricky news of more alert level changes. It's a challenging time for everyone - particularly those of you who had shows, tours, festivals, and events happening soon. We know a huge amount of hard work goes into them and it's disappointing to be once again on unstable ground, postponing, rescheduling, and feeling financially vulnerable.


We wanted to make sure everyone in our community knows about the financial support that will be available to you from the government, to help cover revenue you may lose during this lockdown.

WAGE SUBSIDY SCHEME

Because we have moved into Level 3 for (at least) 7 days in Auckland, the Wage Subsidy has become available again, including for self-employed or sole contractors. 

You will be able to apply online for the Wage Subsidy from 1pm Thursday 4 March, and payments will start from Monday 8 March 2021.

To qualify, your business needs to experience a 40% decline in revenue over a consecutive 14-day period between 28 February and 21 March, compared to a typical 14-day period between 4 January and 14 February 2021 (6 weeks before the change in Alert Levels). This is available to businesses throughout New Zealand.

The Wage Subsidy March 2021 will be paid for 2 weeks at the rate of:

  • $585.80 a week for each full-time employee retained (20 hours a week or more)
  • $350 a week for each part-time employee retained (less than 20 hours a week).

READ MORE ABOUT THE WAGE SUBSIDY

RESURGENCE SUPPORT PAYMENT

You may also be able to get the Resurgence Support Payment to help with other business costs. This support is available via the Inland Revenue Department for businesses and self-employed people. If your business income will decline by 30% due to Alert Level increases, you may be eligible for the Resurgence Support Payment. Information on eligibility and a Resurgence Support Payment calculator are available here:
Eligibility for the Resurgence Support Payment (RSP) (ird.govt.nz)

Applications are open now for businesses affected by the February alert Level until 22 March and businesses can apply through their MyIR accounts. Businesses affected by the current Alert Level shift can apply from 8 March. If you have experienced a 30% revenue loss as a result of both periods at higher alert levels, you will need to make two applications (as you would be eligible for two payments). ‘Highly seasonal businesses’ will need to show a comparative revenue period at a similar point in the seasonal cycle.

READ MORE AND APPLY FOR THE RESURGENCE SUPPORT PAYMENT

SHORT TERM ABSENCE PAYMENT

There is also financial support available if you need to stay at home and are unable to work because you are waiting on a Covid test result, and this is available to self-employed people also.

READ MORE AND APPLY FOR THE SHORT TERM ABSENCE PAYMENT

There is also further information about a variety of other financial support available on the government Covid website, along with a helpful 'tool' to work out what you are eligible for: 
Financial support for individuals and whānau | Unite against COVID-19 

Finally we'd like to remind everyone that there is mental health and wellbeing suppport available for anyone who works on the music community via MusicHelps Wellbeing Service. Stay safe, be kind, take care.

MUSIC HELPS WELLBEING SERVICE


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