COVID-19

The COVID-19 pandemic has brought many challenges to businesses. Stay informed on the latest news and updates, and learn how to adapt and thrive in these uncertain times.

wage subsidy

The Wage Subsidy clarified – Your Questions Answered

**This information is correct as of 20 September 2021 and will be updated as more information becomes available. The Government has approved another wage subsidy and is calling this Wage Subsidy August 2021 #3: Applications for the first two rounds are now closed. Applications for #3 close on the 30th of September 11.59pm. The revenue

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March 2021 wage subsidy NZ

The March Wage Subsidy

From 1pm Thursday 4 March you can apply for the March 2021 Wage Subsidy scheme. TO QUALIFY: Your business needs to experience a 40% decline in revenue over a consecutive 14-day period between 28 February and 21 March, compared to a typical 14-day period between 4 January and 14 February 2021 (6 weeks before the

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Update to Small business cashflow scheme

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

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 may apply to the

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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 cause you issues, delays,

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