Insight, news and updates from Alliott NZ Chartered Accountants, Auckland New Zealand. The views expressed here are the views of the author and should be discussed in further detail should an article be relevant to your individual circumstances.
While every effort has been made to provide valuable, useful information in this publication, this firm and any related suppliers or associated companies accept no responsibility or any form of liability from reliance upon or use of its contents. Any suggestions should be considered carefully within your own particular circumstances, as they are intended as general information only.
Written by Vanessa Williams on August 27th, 2020.
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Prime Minister Jacinda Ardern announced the extension of Alert Level 3 in Auckland to 11.59pm on Sunday 30th August 2020. Auckland will then drop down to Alert Level 2. The rest of the country remains at Alert Level 2.
Written by Vanessa Williams on August 19th, 2020.
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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.
Written by Vanessa Williams on June 25th, 2020.
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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?
Written by Greg Millar on June 9th, 2020.
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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.
Written by Vanessa Williams on May 15th, 2020.
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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.
Written by Vanessa Williams on May 5th, 2020.
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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.
Written by Vanessa Williams on April 9th, 2020.
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NZ IRD will temporarily close most of their customer-facing systems while they implement the next round of transformation changes.
Written by Vanessa Williams on March 31st, 2020.
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At 4pm Friday 27 March 2020, modifications to the wage subsidy scheme were announced by the government.
Written by Greg Millar on March 27th, 2020.
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The Government announced further modifications to the Wage Subsidy Scheme this afternoon.
Written by Vanessa Williams on March 26th, 2020.
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We answer common questions about the NZ Wage Subsidy for employers.
Written by Greg Millar on March 18th, 2020.
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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.
Written by Vanessa Williams on March 17th, 2020.
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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.
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