Phone: 021 053 4921

COVID19 - Business Support Currently Available

Last updated: 29 August 2023

Available Now:

  • Small Business Cash Flow Scheme (Loan) - available to apply from your MyIR login.  Applications are open until 23 December 2023.

  • Xero Assistance Programme (XAP)

Coming Soon:

  • Nothing further at the moment

Scroll down for more information on the below Government Support options available:

  • Small Business Cash Flow Scheme (Loan)

  • Xero Assistance Programme (XAP)

Small Business Cash Flow Scheme (LOAN)

This has been around since the previous lockdowns, and you may have received already. If not, you have until 31 December 2023 to apply.  Also, if you have received already, but repaid the loan fully,  you may be able to re-borrow one more time.

Who can get it?

Key eligibility requirements your business must meet to be able to apply:

Have 50 or fewer full-time equivalent employees (FTEs)

Been in business for 6 months

Experience at least a 30 percent decline in actual revenue over a 14-day period in the 6 months before applying

See more about eligibility here:

What can you get?

The maximum size of the loan your business or organisation is eligible for depends on the number of full-time equivalent employees (FTEs) employed. The loan amount is currently $10,000 per firm, plus $1,800 per FTE. A further $10,000 top-up will be available to apply for from 21 March 2022.

To find out the number of FTEs employed by your business or organisation, you'll need to know how many full-time and part-time employees you have.

An employee working 20 hours or more per week is considered full-time, and counts as 1 FTE.

An employee working up to 20 hours per week is considered part-time, and counts as 0.6 FTEs.

The sum of your FTEs is rounded up to the nearest whole number and is measured at the time you apply.

How to apply:

You need to apply through the Inland Revenue Department (IRD) via your MyIR Login.

Xero Assistance Programme (XAP)

XAP gives Xero small businesses free, confidential access to face-to-face, telephone, live chat, and online counselling.

Who can get it?

Xero subscribers, their employees, and families are eligible.

What can you get?

Three free confidential counselling sessions. Choose from face-to-face, telephone, live chat and online counselling. 

How to apply:

The following link has instructions on how to apply: