Update on Covid support

Posted in Business

New round of Wage Subsidy announced The Government has announced that Wage Subsidy is making a return for Round 4. This was signalled when the recent increase to the alert levels first occurred in the weekend. Applications will be able…

Read blog post

Resurgence Support Payments – Part II

Posted in Covid-19

The announcement of an increase in Covid alert levels for at least 7 days means that another round of Resurgence Support Payment (RSP) will become available next week. Claims for the past level increase (the week beginning February the 15th)…

Read blog post

Resurgence Support Payments

Posted in Accounting & Advisory

After the recent Auckland Community cases, the Government introduced a new mechanism to support businesses. The new scheme known as Resurgence Support Payments (“RSP”) is activated by a decision of Cabinet. Generally, this will be anytime Level 2 or higher…

Read blog post

Has your business adapted since Covid 19?

Posted in Accounting & Advisory

Are you focusing your time and energy on the right things at the moment? The things you CAN control, that will help your business thrive? Or are you focussing on things you can’t control, like politics, rules, regulations, outbreaks, lockdowns etc? The…

Read blog post

Business Finance Guarantee changes…some further thoughts

Posted in Business

Our blog last week has generated a lot of discussion. Something we’ve been asked is why the old scheme failed so badly, and do we think the improved scheme will perform any better. Here is our opinion on this. Why…

Read blog post

Big changes to the New Zealand Business Finance Guarantee Scheme

Posted in Business

The Government-backed Business Finance Guarantee (or BFG) scheme has been an epic failure. The scheme was too restrictive and there was too much red tape. The Government set aside $6b+ for the scheme when the scheme was announced. However, to…

Read blog post

Government support announced for recent COVID19 outbreak in New Zealand

Posted in Covid-19

After months of ongoing bungles at isolation centres, the inevitable occurred, and Covid-19 is back in the community and Auckland is back in Level 3 lockdown. The travel restrictions on Aucklanders are going to be particularly hard on the tourism…

Read blog post

Wage subsidy extension open for applications

Posted in Business

The Wage Subsidy Extension went live yesterday morning.  The full criteria were published at the same time.  As we saw with the original scheme, we expect that the information WINZ published will change over time. The turnover drop threshold and…

Read blog post

New normal seems to be on the horizon

Posted in Business

As we write this article there is just one remaining “active” case of Covid-19 as there has been no new cases for 12 days.  There seems no obvious reason why we have not already moved to Level 1.  In terms…

Read blog post

Covid-19 – Government Loans for Small Businesses

Posted in Covid-19

Yesterday the Government announced the details of the Small Business Cash-flow Scheme. This is a very useful mechanism for obtaining “free money” to help our businesses cope with the effects of the Level 4 and Level 3 Lockdown on our…

Read blog post

Let's talk business

We'll untangle your complex business challenges and drive your business forward.

Request more information

or Call us now on 03 548 1549