Omicron and your business
January 27, 2022
The Omicron virus is here, check out the latest government information on what you need to do and ensure you have a plan for your business and your family.
https://www.business.govt.nz/c......
COVID 19 - December update
December 23, 2021
We are still dealing with the ever-changing environment of what Covid 19 is doing to you, your business and life. 2019 seems like a long time ago when everything appeared to be simpler. The Government continues to support businesses under the new COVID Protection ...
COVID-19 Resurgence Payment Update
October 28, 2021
There is additional business support being made available in the form of the COVID-19 Government Resurgence Payment.
The next payment, which is available from 29 October through myIR, will remain at the current rate of $1,500 plus $400 per full-time equivalent (FTE) em...
Covid-19 Resurgence Support Payment
August 25, 2021
The COVID-19 Resurgence Support Payment helps to cover wages and fixed costs for businesses who have been directly affected when there is an increase to Alert Level 2 or higher for a week or more.
To be eligible, your business must have experienced at least a 30% ...
COVID 19 - Short Term Absence Payment
August 25, 2021
The COVID-19 Short-Term Absence Payment helps businesses keep paying employees who cannot work from home and:
need to stay at home while waiting for a COVID-19 test result.need to stay home and look after a dependent child who has been asked to get a COVID-19 testlive with s...
Covid-19 Wage Subsidy for Employers
August 25, 2021
The government has put together a wage subsidy package for employers that are affected.
If your business cannot operate because of Alert Level 4 restrictions or you will lose revenue, you can apply for the COVID-19 Wage Subsidy scheme to help keep paying your staff...
COVID-19 - Leave and Self-Isolation Scheme for Business Owners
August 25, 2021
The government has announced a COVID-19 leave payment scheme to provide support. What does this mean for business owners?
If your employee has been asked to self-isolate by a doctor or health official, they legally must stay home until they are told they no longer need ...
Government Loans - Small Business Cashflow Scheme
August 25, 2021
If you employ 50 or fewer staff, you may be able to apply for the Small Business Cashflow Loan Scheme. This is a one-off 5 year loan. You can borrow a maximum of $10,000 plus $1,800 per full-time-equivalent employee within your business.
When applying for the loan, you need ...
Temporary Loss Carry-Back Scheme
May 21, 2020
IRD have introduced a loss carry-back scheme to support customers during the current uncertain economic environment.Businesses making a loss in either the 2020 year or the 2021 year can use that loss to offset profits they have previously made. The loss is carried back to th...
TAGS
Covid-19Tax TipsCashflowGSTTaxRental Property TaxesAccountingAirBnbCompany'sCrypto TaxCryptocurrencyCryptocurrency TaxGST RequirementsGST ReturnsHome Office ExpensesIncome TaxTax ChangesTax Efficiency and Business StructureAssetsBright Line ExtensionBright Line TestBusiness LoansBusiness LunchesBusiness StructureBuying A HomeCapital GainsCash and ProfitCommercial BuildingsCompany Tax LossesCompany's - Tax Rate of 28%ContractorsDeductible ExpensesDepreciationEntertainment ExpensesEntertainment TaxEntrepreneurshipFarming Deductions for Home OfficeFinancial expenditureFirst HomeFixed AssetsHome OfficeHomeStart GrantHybrid BasisInterest DeductionInvoice BasisIRDIronmanKiwisaverKiwiSaver HomeStart GrantLoss Carry-BackLossesLow Value AssetsMinimum WageNew HomeNon Taxable AllowancesPartnershipsPay Less TaxPayments BasisPayrollPropertyProvisional Taxshareholder salarysick leaveSmall BusinessStructuresSuperannuationTax ChecklistTax datesTax DeductionTax EfficiencyTax PoolingTerminal TaxTrustTrust Act 2019Trust'sUnderstanding TaxVehicle ExpensesVoluntary GSTWage IncreasewagesXero