Budget Announcement – COVID-19 ‘Response & Recovery Fund’
The Government has announced a business support package with $3.2 billion targeted for the wage subsidy extension.
COVID-19 Alert Level 2 Update
Level 2: An update on what this means for our team and the GBC office environment.
Wage Subsidy Update
Audits have already started on the wage subsidy. Read more if you think you have over claimed.
SMALL BUSINESS CASHFLOW (LOAN) SCHEME
Latest Government support measure. Live today, 12th May 2020. Read more about the key points to this scheme.
Alternative IRD Payment Options
Payments to IRD can be made in a number of ways. Read more to see the most common methods.
Alert Level 3 – is your business prepared?
Alert Level 3 means a re-start of work in some form for many businesses. Ensure your safe-start risk plan covers the bases.
Fresh Suite of Business Support Measures
Highlights include a proposed tax loss carry-back scheme. These may be a welcome relief for the many businesses affected by COVID-19.
Day 14: The latest happenings
The IRD have relayed that, if a business is unable to pay its taxes on time due to the impact of COVID-19, they will understand. Get in touch and they will write-off any penalties and interest resulting from the current situation.
Day 13: *NEW* Essential Workers Leave Support
This leave support is for businesses currently trading in essential services, who might have employees or dependents that due to Covid-19 need to self-isolate, or have ‘at risk’ employees who under the MOH Guidelines cannot work in the current environment.
Day 12: IRD Updates this week
A few updates from the week that was. The IRD have acknowledged this is a pretty difficult time, by extending their flexibility with how they approach late payment of taxes.