Today saw the next iteration of support measures for businesses announced. The announcements were scant on details, but we expect that will be released over the coming week to 10 days. Here is a very brief summary of our take: The Resurgence Support Payment (the one that IRD administers) will be doubled, meaning the new […]

Just in case you missed it… Auckland is still in lockdown. Many of us are itching to get out and about a bit more, or for parents, get kids back to school. But it looks likely that we’re going to be living with some form of restrictions in place for a wee while yet. If […]

Tax on residential rental property It’s been a long time coming, but there has finally been some guidance released about the new tax rules on residential rental property. At this stage, they are still just proposals and are subject to change, but a couple of key points: If you purchased a residential rental property BEFORE […]

Last Friday, the government announced that they would be offering another round of the Resurgence Support Payment. This is the subsidy that is administered by IRD. Applications open this coming Friday (17th of September) at 8am. To qualify, your business will need to show a 30% drop in revenue, comparing a 7-day period from the […]

At 9am this morning, the next round of wage subsidies opens for application. If you are an employer or in business and you qualified for the most recent wage subsidy (the one that has been available for the last couple of weeks), there is a very good chance you will qualify again – especially if […]

For me, last week was a pain. Lots of people to blame, lots of fear. Uncertainty. What a cruel word. That feeling of powerlessness. What really is important? Immediately, wearing a mask when you step outside, yes. Watching the 1 pm briefing, no. Chatting with friends and family, yes. Joining a social media pile on, […]

With NZ in lockdown, the various government support packages are beginning to be rolled out. Confusingly, there is different criteria for each. So before applying for any subsidy/payment, check the criteria for that particular payment. There are a bunch available depending on circumstances, but the two most common are the Wage Subsidy which is administered […]

Dave Saunders and Max Whitehead answer common questions around the covid subsidies available as we head into Lockdown (18 August 2021)

If you read our newsletters with any sort of regularity, you’ll know we bring up cyber security on a regular basis. You’ll also know that we chastise small business for not taking this risk seriously. Just in case you don’t see this as a risk, it is estimated that cybercrime will cost the world $10.5 […]

You may well be over hearing about the constant meteoric rise of house prices. Every news report seems to contain something about house prices and their distinct lack of affordability. A big driver of the surge in house prices has been the wave of comparatively cheap money that has been made available to some. NZ […]