Update to the COVID-19 Support Payments and The Small Business Cashflow Loans – March 2022

Posted in Business

COVID-19 Support Payment Update The IRD has released an update on COVID-19 support (CSP) payments. Firstly, from 8:00 am this morning (14/3/22) it is now possible to use a typical week between 5 January and 15 February 2021 as the…

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Preparing for the end of the tax year – 31 March 2022

Posted in Accounting & Advisory

There’s plenty of uncertainty out there about what the next few weeks and months will look like as Omicron sweeps through the community in full swing and geopolitical turmoil impacts financial markets and inflation.  However, as the saying goes there…

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COVID-19 Support Payments applications are now open

Posted in COVID-19

Applications for the COVID-19 Support Payment (CSP) opened this morning.  These applications are made through IRD’s online “MyIR” platform.  Once logged, the application can be found under the “I want to” menu.  Then click the third link “Apply For COVID-19…

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Further detail on COVID-19 Support for business – February 2022

Posted in COVID-19

The Inland Revenue has released further detail on the changes announced on the 21st of February that we discussed earlier in the week. Covid Support Payment Starting from 8 am on Monday the 28th of February, eligible businesses will…

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New Zealand Government announce business support for Omicron Outbreak

Posted in COVID-19

Like the Omicron Wave, Government support has been a bit slower to arrive than anticipated, but yesterday some relief for businesses was finally announced.  At this stage businesses outside of tourism and hospitality seem to largely…

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Update on the New Zealand Governments COVID-19 support – 14 September 2021

Posted in Business

Wage Subsidy – Round 3 Yesterday it was announced that there will be a third round of wage subsidy.  This will apply for revenue drops of 40% or more for the period 14 September to 27 September but only if the…

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Wage Subsidy August 2021 #1 close off

Posted in Business

Note that applications for the first round close 11:59 pm this Thursday the 2nd of September.  A second round starts 9:00 am Friday.  A business that did not meet the turnover eligibility for the first round can apply for the…

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Alert Level 3 – Extensions to Government Assistance – August 31, 2021

Posted in Business

As you will no doubt be aware, all of the country except Auckland and Northland shifts to Level 3 at midnight tonight.  At this stage, Level 3 is pencilled in to last one week. Level 3 is still very much…

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COVID-19 – Managing wellbeing during Level 4 Lockdown

Posted in COVID-19 #covid 19 #xero

Amidst all the challenges created by COVID-19, it is more important than ever for business owners and their staff to stop and recognise the importance of wellbeing during the current Alert Level 4 Lockdown in New Zealand. COVID-19 has had…

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COVID-19 – Mandatory sign-in is coming and a reminder of Alert Levels for New Zealand

Posted in COVID-19

This time around, the Government response to this lockdown has been far more settled, well at least so far.  We are not seeing rules being introduced or changing by the hour as we did in late March and early April…

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