From new rules to keep cash flowing to staff reimbursements and allowances, we've got you covered this tax time.

A reminder about the Government support available for business operators: the COVID-19 Resurgence Support Payment and the Wage Subsidy.

Further details are now available on the March 2021 Wage Subsidy. You'll be able to apply online from 1PM on Thursday 4 March 2021 and payments start from Monday 8 March 2021.

Now we are back in the office (hopefully for the long term) and it’s just months away from Christmas. What a year it’s been!

Prime Minister Jacinda Ardern announced the extension of Alert Level 3 in Auckland to 11.59pm on Sunday 30^th August 2020. Auckland will then drop down to Alert Level 2. The rest of the country remains at Alert Level 2.

New Zealand employers who have had, or expect to have, a revenue drop of at least 40% because of COVID-19, for a 14 day period between 12 August to 10 September, compared to a similar period last year can get it.  Other eligibility criteria is similar to the previous wage subsidies.

Many of our clients have availed themselves of the opportunity of asking us to perform a wider range of duties over recent months – why not discuss with our team the broader range of services and support we offer to help you survive in your business beyond COVID-19 and during this financial year?

New Zealand now has no active cases of COVID 19. As of midnight last night the country has moved down to Alert Level 1. This means restrictions on gatherings, hospitality, transport and social distancing have now been removed. Border restrictions however remain.

As expected, the 2020 Budget has been a high spending one with a deficit forecasted to be $29.6 billion in 2021. We break down the expenditure and key initiatives.

Last week the Government announced it will provide interest-free loans for a year to small businesses impacted by the COVID-19 to support their immediate cash flow needs and meet fixed costs.

NZ IRD will temporarily close most of their customer-facing systems while they implement the next round of transformation changes.

At 4pm Friday 27 March 2020, modifications to the wage subsidy scheme were announced by the government.

The Government announced further modifications to the Wage Subsidy Scheme this afternoon.

We answer common questions about the NZ Wage Subsidy for employers.

The NZ Government has compiled Wage subsidy and Leave Payment available to support employers affected by COVID-19. The subsidy is being administered under a high trust model and employers will not be asked for verification before the subsidy is approved. However MSD will have the ability to check applications and verify information at a later date.

The New Zealand Government has announced a $12.1billion business continuity package aimed at assisting businesses through the COVID-19 situation. The largest element of the package is the delivery of $5.1billion in wage subsidies to businesses and the delivery of support for workers needing to self-isolate, delivered through the Ministry of Social Development.