Economic Response Plan - EXTENSION

EXTENSION OF BUSINESS SUPPORT MEASURES

With the ongoing community transmission of COVID-19 in New Zealand and the resulting extended border closure for October 2021, the Cook Islands Government will be extending the Wage Subsidy and Sole Trader Grants to the end of October 2021 to ensure employers keep their staff on the payroll and businesses, and sole traders are able to keep functioning as best as possible under the current circumstances. There will also be an option of extending on a month-by-month basis should this situation continue. Further to this, a round of Business Grants will be rolled out in October to assist the private sector to provide support in the absence of other more specialized measures.

Factsheets with further information on each of the funding initiatives are below:
Wage Subsidy Reinstatement Fact Sheet (Updated 21 October 2021)
Sole Trader Grant Fact Sheet (Updated 21 October 2021)
Business Grant Reinstatement (Updated 21 October 2021)

For any queries regarding Wage Subsidy or Sole Trader Applications, please contact the Revenue Management Division on 29365 (Mon - Fri from 1pm - 4pm) or email [email protected]. Or for more information on the reinstated support measures, contact the MFEM Economic Planning Division on 29511 or email [email protected].

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