Find the latest news on how COVID-19 is impacting businesses. Check in here to see our latest commentary.

16 April | Law changes bring relief to directors and debt

As part of the Government’s response to COVID-19, temporary law changes to the New Zealand Companies Act will enable businesses affected by COVID-19 to place existing debts into hibernation for six months.

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16 April | Latest tax changes will help SMEs

The Government has announced further support measures aimed to help small and medium-sized enterprises (SMEs) manage the impacts of COVID-19. These include a tax loss carry-back scheme, changes to the tax loss continuity rules and allowing Inland Revenue to change due dates.

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10 April | Business hibernation strategies

Businesses around the world are finding themselves in unchartered waters.

COVID-19 is having an unprecedented effect on business everywhere. For some businesses their supply chains have been impacted while for others, demand for their product or service has entirely dried up overnight.

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6 April | COVID-19 & Life Insurance - can I claim?

As we’ve received a number of queries from clients asking whether their insurance policies will pay out amidst the COVID-19 pandemic – our exerts have answered two of the most common questions.

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1 April | How CFOs can pro-actively respond to the COVID-19 crisis

Coronavirus is a reality that, in 2020, will directly or indirectly affect us all.

How potentially devastating could Coronavirus be for economic and business activity? Those that work in Risk Management know it doesn’t take long to reach “Catastrophic”.

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31 March | NZ Government makes changes to Wage Subsidy Scheme to keep workers in jobs

Effective 27 March, modifications to the Wage Subsidy Scheme will apply to ensure people don’t lose their jobs during the national lockdown. The Wage Subsidy is a Government payment to help employers pay wages.

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27 March | NZ announces further assistance with wage subsidies, mortgages and business finance

Following this week’s Government announcement, wage subsidies will now be available for all employers that are significantly impacted by COVID-19.

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19 March | How NZ’s COVID-19 economic response can boost your cash flow and provide necessary relief

Earlier this week the New Zealand Government announced it will spend $8.7 billion to reduce the blow for businesses as part of its $12.1 billion Coronavirus Economic Response Package. Here we take a look at some of the key measures and how we can help you receive assistance.

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18 March | New Zealand pledges $8.7bn for business assistance

New Zealand will spend $8.7 billion to reduce the blow for businesses as part of its $12.1 billion Coronavirus Economics Stimulus Package. The majority will go towards funding tax breaks and wage subsidies.

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18 March | New Zealand pledges $8.7bn for business assistance (Mandarin translation)

New Zealand will spend $8.7 billion to reduce the blow for businesses as part of its $12.1 billion Coronavirus Economics Stimulus Package. The majority will go towards funding tax breaks and wage subsidies.

Find out more >