Small Business Cashflow Loan Scheme
The Small Business Cashflow (SBC) Loan Scheme is expiring for customers who have a 5-year loan.
Any unpaid loan balance (plus interest) at the end of the loan's term will automatically default. NZ Inland Revenue will treat this as overdue debt. They may also charge default interest on overdue loans.
If customers have loans that expire before 30 June 2026, NZ Inland Revenue will contact them at the end of November 2025 and February 2026.
NZ Inland Revenue will contact customers who:
- have fallen behind in their payments, to discuss their loan balance and making payments
- have defaulted under the terms and conditions of the loan contract, to negotiate paying the debt.
Reminder letters will be sent directly to some customers in myIR, to notify them that their loans are expiring. These reminder letters will not be redirected to tax agents, but you will be able to read them in myIR.
More information is on the NZ Inland Revenue website below or contact the Tax Team at Alliott NZ in Newmarket Auckland:
Source: https://www.ird.govt.nz/updates/news-folder/2025/small-business-cashflow-sbc-loan-scheme?utm_source=miemail&utm_medium=email&utm_campaign=news-and-updates-newsletter
