COVID-19 Latest update from government

Please click on this link to view the latest update from the Government on modifications to the COVID-19 wages subsidy and leave schemes. Source: ...

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We are still here for you - COVID-19

This is to let you know how we will continue to serve you and meet your Tax & Accountancy requirements during this challenging time. We will still be able to take calls from you as we will be working from home and we will be answering emails as quickly as we can. Due to the Government restrictions, our physical offices will ...

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COVID-19 novel coronavirus - Business Continuity Package

The New Zealand Government announced a Business Continuity Package to assist businesses struggling due to the impact of the COVID-19 outbreak. There are five proposals related to tax Giving Inland Revenue the discretion to remit use-of-money interest (UOMI) for customers significantly adversely affected by COVID-19.  Increasing the provisional tax threshold from $2,500 to $5,000 from 2020/2021.  Increasing the small asset depreciation threshold from $500 ...

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Maintaining Proper Employment Records is Essential to your Business

To have a successful business, you should maintain complete and accurate employment records. Meeting your legal requirements will also help you to build your reputation as a good business with your employees and customers. Your employment records must show: you've correctly given your employees all their minimum employment entitlements such as the minimum wage and annual holidays, and  you have complied with ...

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Hidden Economy Campaign – IR visits Hospitality Businesses

Inland Revenue compliance staff have searched several Central Otago businesses and made unannounced visits to others, as part of its current hidden economy campaign targeting the hospitality sector. Café, restaurants, bars and takeaways are the focus of the renewed campaign which follows the successful prosecution of five siblings in the Thai House case. Inland Revenue spokesman Richard Philp says the recent visits ...

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