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Covid-19

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The government is providing loans of up to $100,000 to help businesses, including contractors and self-employed, experiencing cash flow difficulties.IRD is administering the scheme on behalf of the government, however the loan is not a ‘tax’ product, therefore you must a...
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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...
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The government has put together a wage subsidy package for employers that are affected.If you are an employer, contractor, sole trader, or self-employed you may qualify to get the COVID-19 wage subsidy. The wage subsidy is paid to the employer to assist in paying w...
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The government has announced a COVID-19 leave payment scheme to provide support. What does this mean for business owners? In summary, if your employee has to self-issolate, is sick with COVID-19, or caring for others with COVID-19, and unable to work from home, Ministry of S...
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