Resurgence Support Payment proposed

resurgence support payment Dec2020

Are you worried about our Alert Levels changing? If there is a resurgence of Covid-19, the Government is ready to back NZ businesses. The Government has announced a package to support businesses and individuals in the event of a change in COVID-19 alert levels. The package contains a proposal for a […]

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Updates to the Small Business Cashflow (Loan) Scheme – November 2020

Update to Small business cashflow scheme

The Government launched the Small Business Cashflow Loan Scheme (SBCS) in May to assist eligible small-to-medium businesses adversely affected by COVID-19. They subsequently extended the application period to help businesses and in November announced further changes, expected to take effect by 31 December 2020. Businesses employing up to 50 full-time staff […]

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The difference between Restructuring and Redundancy

In the current economic climate, your business may be exploring cost-saving options, including reorganising or downsizing your workforce. If you are looking at restructuring and the possibility of redundancies, you need to understand the difference between the two, as they often get mistaken for the same thing. Getting either wrong could […]

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The Resurgence Wage Subsidy

Covid19 mask.

The Government announced on 17 August 2020 a new round of the wage subsidy, in response to current lockdown restrictions. The Resurgence Wage Subsidy is a 2-week payment. Businesses will need to show a 40% drop during a period of at least 14 days between 12 August and 10 September 2020, […]

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