Update on CSP Changes – March 2022

2nd COVID-19 Support Payment to open on 14 March

A 2nd COVID-19 Support Payment (CSP) will open on 14 March and a 3rd payment will open on 28 March.

The period of time each CSP will cover are:

  • For the 1st CSP, businesses will need to show their income is 40% lower in a 7-day period any time between 16 February 2022 and 4 April 2022, compared to a typical week between 5 January and 15 February in either 2021 or 2022.
  • For the 2nd CSP, businesses will need to show their income is 40% lower in a 7-day period any time between 7 March 2022 and 4 April 2022, compared to a typical week between 5 January and 15 February in either 2021 or 2022.
  • For the 3rd CSP, businesses will need to show their income is 40% lower in a 7-day period any time between 21 March 2022 and 4 April 2022, compared to a typical week between 5 January and 15 February in either 2021 or 2022.
  • The option for businesses to compare their income drop to a typical week in 2021 will be available from 14 March.

Self-employed people who have received the Ministry of Culture and Heritage’s one-off emergency grant for self-employed people will be able to apply for the 2nd and 3rd CSPs.

For more information, visit https://www.ird.govt.nz/covid-19/business-and-organisations/covid-19-support-payment or contact us to discuss.

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