Prime Minister Chris Hipkins has announced new funding for businesses that face significant impact on their operations, or closure, as a result of recent flooding. The support package has been developed after consultation with the Auckland Business Chamber and the Employers and Manufacturers Association.
The support package will include:
- $3 million for flood recovery payments to help significantly affected businesses.
- $1 million for mental wellbeing support through a boost to the First Steps programme.
- $1 million for small business advice focussed on business continuity and resilience.
- Inland Revenue will also waive penalties for late payments for Auckland, Northland, the Bay of Plenty, Thames/Coromandel and Waikato.
The funds will be administered via the following organisations:
- The Auckland Business Chamber
- The Employers and Manufacturers Association
- Whāriki (Auckland’s Māori Business Network)
- The Pacific Business Trust.
The Employers and Manufacturers Association also has a Business Helpline operation to provide up-to-date information to all small businesses (not just members).
Business owners can call the Helpline on 0800 500 362. Alternatively you can send an email to info@businesshelpline.co.nz or visit the re-booted Activate Business Community for free up-to-date information and resources.
We can help you understand what support measures are available for your business, and we’ll help you keep your records in good shape for your tax return.
