The Business Advisory Blog

Home / Blog / New Transition Payment Announced, Final Wage Subsidy & Resurgence Subsidy

The Business Advisory Blog

Insight, news and updates from Alliott NZ Chartered Accountants, Auckland New Zealand. The views expressed here are the views of the author and should be discussed in further detail should an article be relevant to your individual circumstances.

While every effort has been made to provide valuable, useful information in this publication, this firm and any related suppliers or associated companies accept no responsibility or any form of liability from reliance upon or use of its contents. Any suggestions should be considered carefully within your own particular circumstances, as they are intended as general information only.

Vanessa Williams
Published on

New Transition Payment Announced

Transition Payment

green light-822The Government has announced a one-off transition payment for businesses as we move to the COVID-19 Protection Framework (traffic light system):

  • This payment will be made available through the Resurgence Support Payment.
  • The one-off transition payment is $4,000 plus $400 per full-time employee (FTE) up to 50 FTE.
  • The maximum payment is $24,000.
  • The eligibility criteria are the same as the Resurgence Payment.
  • Applications for the Transition Payment open on 10 December 2021.

Resurgence Support Payment and Wage Subsidy Scheme

The Resurgence Support Payment and Wage Subsidy Scheme will continue to be available to businesses anywhere in New Zealand until 11:59pm on Thursday 2 December 2021 when all areas of New Zealand move to the COVID-19 Protection Framework. 

If you have applied for the final round of the Resurgence Support Payment and Wage Subsidy Scheme, you will still receive your payment after New Zealand moves to the COVID-19 Protection Framework. 

Our office is closed from Friday 24 December 2021 and will reopen on Monday 10 January 2022 with limited staffing. Contact Alliott in Auckland on 09 520 9200.

Topics: business coronavirus COVID-19 employees New Zealand Resurgence Support Payment RSP wage subsidy