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2021 June Balance Date Checklist

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Covid 19

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Covid-19 Short-Term Absence Payment

On 8th February 2020 the government announced a new Covid-19 Short Term Absence Payment (STAP) to support employers and self-employed workers. Available from:  9th February 2020.   Where from:       Work and Income Value:                  A one-off payment of $350.00.   GST:                    Not required or payable on payment received. Criteria:&...

Small Business Cashflow Loans now available until 2023

Don't miss the newest information regarding the Small Business Cashflow Loan Scheme.The first cabinet decision of the new Labour Government, which was announced on 9 November, recognises that the effects of Covid-19 on NZ businesses are here to stay for a while longer. If you own a small business that managed to ride the storm caused by the original restrictions, but are beginning to find business is tough, this could be for you.Easing of restrictionsWhile this loan is still related to a lo...

Is your trust still relevant?

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Covid-19, Small business cashflow loan scheme (SBCS)

This is available to small to medium businesses with 50 or fewer full-time employees.  This includes sole-traders and self-employed businesses. The maximum amount you can borrow depend on the number of full-time and part-time employees you have.  If you are a business without employees, ie sole trader or self-employed, you can receive a loan of up to $11,800. Loan terms - $10,000 to be provided to eligible businesses - an additional $1,800 per full-time employee equivalent - interest f...

Celebrating 10 Years

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