Fortnightly Resurgence Payments
As announced on the IRD website here.
The Minister of Finance has announced the Government will increase the amount and frequency of the Resurgence Support Payment. You can find more information in his press release on the Beehive website.
beehive.govt.nz - Business boost to transition to new COVID framework
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, until Auckland moves into the new Covid Protection Framework.
covid-19.govt.nz - The COVID-19 Protection Framework
The Minister has indicated that a new framework for business support will be agreed in November.