As per previous outbreaks of Covid-19, the Government is reinstating funding Initiatives to help both businesses and their employees. The below table contains a summary of the currently available COVID-19 support initiatives.  All the initiatives contain eligibility requirements that would have been met by most small and medium sized businesses from the first week of the of the level 4 lockdown.

  Covid-19 Support Initiative Alert Level 1 Alert Level 2 Alert Level 3 Alert Level 4
  Wage Subsidy Scheme Yes Yes
  Resurgence Support Payment Yes Yes Yes
  Leave Support Scheme Yes Yes Yes Yes
  Short-Term Absence Payments Yes Yes Yes Yes
  Small Business Cashflow (Loan)         Scheme) Yes Yes Yes Yes
  Business Debt Hibernation Yes Yes Yes Yes

    While all Business Owners are experts in their own fields they are not, for one reason or another, all experts in the administration required to be able to complete Covid-19 support initiative claims.

    For those Business Owners who require help to find their way through the red tap to making a claim, Into The Blue NZ Limited is here to help.

    While our rates are normally $200 + GST per hour, we are offering a special capped rate of $100 + GST to help you complete each claim. If you are organised, or have very few employees including yourself as the Owner, each claim should not take more than 15 minutes – $50 + GST to complete.  But if administration is not your strong point, then, as mentioned above, the maximum fee to complete your claim will be only $100 + GST.

    I would also suggest for those Business Owners who are not registered with Regional Business Partnership Network (RBP) that they register using this link https://web.regionalbusinesspartners.co.nz/business/ as the RBP not only provides business updates, especially during Covid-19, it also provides co-funding via the Management Capability Fund to eligible businesses to help them cover Business Advisor fees.  To be eligible you must have a GST number.

     

    Into the Blue NZ Limited – expert at thinking outside the box.

    For more information on Covid-19 Government subsidies please call John on (021) 625-871.

    For more information on Into the Blue’s services please click this link  https://intotheblue.co.nz/services/