Self-employed persons, can apply for a Cultural Emergency Relief Sector Grant (CSERG) that is paid by the Ministry of Culture and Heritage (MCH) if they work in the arts, culture or heritage industry and their income was directly affected by a move to ‘Red’ under the Covid-19 Protection Framework. There are eligibility criteria.
Accounting for income tax on the CSERG payments
The CSERG from MCH received by self-employed persons are considered a compensation payment and must be included as income in the 'Government Subsidies' field of your IR3/IR3NR return.
If you're registered for GST
If you're a GST-registered businesses, you will have to return GST to Inland Revenue on the CSERG payment.
Last updated: 23 Mar 2022