We pride ourselves on our commitment to our clients through thick and thin. With the Covid-19 pandemic rapidly impacting business, we thought it was important to update our clients on developments along with useful tools. The government has already signalled that there may be additional stimulus in the coming months and we’ll continue to update …
Coronavirus Wage Subsidy Q&A We’ve pulled together a Q&A for the wage subsidy being offered by the government. Needless to say, there have been plenty of enquiries so we thought we’d pull together a quick Q&A to cover the common questions. Can my business apply for the subsidy? Almost certainly yes. The rules for the …
Coronavirus Tax Changes The coronavirus pandemic has seen some significant tax changes announced. Media attention seems to have focused on the announcement on wage and salary subsidies but the government has also announced some important changes for the 2021 income year (1 April 2020 – 31 March 2021). Depreciation on Low Value Assets For nearly …
Covid-19 – Essentials for Business We pride ourselves on our commitment to our clients through thick and thin. With the Covid-19 pandemic rapidly impacting business, we thought it was important to update our clients on developments along with useful tools. The government has already signalled that there may be additional stimulus in the coming months …
Xero offers free counselling for customers Xero has announced a pilot programme of free counselling and support for their customers and accounting partners. Employers are able to access this service and offer it to their employees through the Xero Assistance Programme. Mental health statistics in New Zealand make for sobering reading. Suicide rates continue to …
IRD and Coronavirus It seems certain that the Coronavirus outbreak will have a significant impact on the economy in 2020. IRD have a number of options available for tax relief and income assistance for people affected by a downturn in business due to the Coronavirus – COVID-19. Businesses & the self employed Provisional Tax Estimates …
Uber and Xero have partnered with each other to make keeping track of bills easy. The new service will automate the flow of Uber invoices into Xero, saving time in reconciling payments and eliminating the need for data entry. To utilise the service, business owners need to use Uber for Business, available from the Xero …
Changes coming for Incorporated Societies The Ministry of Business, Innovation and Employment (MBIE) have announced that they will pursue changes around the law governing incorporated societies. We can expect to see this introduced to Parliament in the 2020 year. The current Act dates from 1908 so it is fair to say that there is room …
