News
Important Covid-19 Information from the Government
The Government has released some very useful information on the current Covid-19 situation. This includes: Guidelines for businesses on how to operate safely during Covid-19 Q & A’s for all businesses Q & A’s for Retail and Hospitality Q & A’s for Services Q & A’s for Employment matters Lots of examples of different business types and what they can do under Level 2, 3 and 4 Please ...
Insolvency Relief for Businesses impacted by COVID-19
The Government will be introducing legislation to make changes to the Companies Act to help businesses facing insolvency due to COVID-19 to remain viable, with the aim of keeping New Zealanders in jobs. The temporary changes include: giving directors of companies facing significant liquidity problems because of COVID-19 a ‘safe harbour’ from insolvency duties under the Companies Act enabling businesses affected by COVID-19 ...
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. https://www.business.govt.nz/news/covid-19-latest-news-and-updates?utm_source=Newsletter&utm_medium=email&utm_campaign=SE_CV_28Mar2020&utm_content=https%3A%2F%2Fwww.business.govt.nz%2Fnews%2Fcovid-19-latest-news-and-updates Source: www.business.govt.nz ...
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 ...
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 ...