The Government's response to the COVID-19 pandemic plays a big part in the 2020 Budget. This year's budget focuses on injecting funds into the economy to create and sustain employment.
On 30 April the RBNZ announced it was removing all LVR (Loan to Value Ratio) restrictions it had been imposing on NZ banks.
This afternoon Grant Robertson announced the Government will provide interest-free loans for a year to small businesses impacted by COVID-19, to support their immediate cashflow needs and meet fixed costs.Key...
In recognition of the challenges facing business, the Government has already introduced a wide range of measures to assist businesses through the crisis.
In these extraordinary times we find ourselves living through, many businesses would have seen the government’s recent announcement as welcome news and hopefully, it provided additional confidence that your business...
We have been amazed by the government’s support & response to the current COVID-19 situation. In our view, the most significant assistance to New Zealanders was the announcement of this scheme.
We have spoken to many of our clients over the last week and a number of applications have already been made and paid.
We are aware that a number of you are concerned about the timing of tax payments and if there are any concessions that the IRD are providing.
Here's what you need to know about the recent government update that was made yesterday. There has been a major announcement in regard to two schemes to take the pressure...
Finance Minister Grant Robertson has announced:
You will be aware over the weekend that our Government announced a new alert system as part of the response to COVID-19, placing the country at Level 2.
This afternoon the Government announced its business support package, noting it is one of the largest packages in the world on a per capita basis.The $12.1 billion package includes:
COVID-19 is having a big impact in New Zealand and many businesses are already feeling the pressure. We are dedicating this month's newsletter to help our clients stay informed.