Words about numbers

Highlights include a proposed tax loss carry-back scheme. These may be a welcome relief for the many businesses affected by COVID-19.

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.

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.

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.

Year End Questionnaires will be going out soon. This year ALL questionnaires that can be emailed, will be emailed.

We have been working to get our annual questionnaires ‘electronic’ and we are now ready to go. This year ALL questionnaires that can be emailed, will be emailed.

WINZ have made some changes and released further clarification around how the Wage Subsidy is to be used.

The Ministry for Primary Industries now needs assurances from essential industries and businesses that their processes protect workers and the public.

Our team are working from home, and are available to speak to and e-mail as needed.

As promised we are closely following the updates being released from the Government around the support package.

The latest update has just been released around the subsidies for businesses.

Please rest assured that our service to you will continue as normal as possible.

We have started unpacking the recent Government stimulus package, see what relief is immediately available.

Keeping everyone who we interact with, safe and informed, is our top priority at this time. Please call before you visit our office.

The IRD has made discretionary relief available to provide assistance to farmers who are affected by the drought.