COVID-19: Wage Subsidy and Leave Support announcements - 25 August 2020
17 August, 2020 Business continuity
With the announcement that further wage subsidies and an expanded Leave Support Scheme would be available following New Zealand's change in alert levels, we’ve summarised what further relief is on offer to businesses from 1pm on 21 August.
COVID-19: Practical information about the Wage Subsidy Extension and the Leave Support Scheme – 14 August 2020
14 August, 2020 Business continuity
With the country moving out of Alert Level 1 to Levels 2 and 3, businesses are rightly beginning to reconsider their eligibility for government assistance through either the Wage Subsidy Extension or the Leave Support Scheme.
Tech or software company with future sale plans? Get tax right to maximise value
04 August, 2020 Tax planning and structuring
Tax really matters when it’s time to sell. Historic exposures remain with a company, and tax due diligence covering the last 5 financial years is a common part of a sale process, often conducted alongside commercial, financial and legal due diligence
Business resilience – four learnings from SMEs’ response to COVID-19
Partner Muhammad Cajee shares his experience being part of the Deloitte team working to support many New Zealand businesses in building resilience and developing business continuity plans.
Our response labs: An empathetic ear for an uncertain time
In order to support the COVID-19 response, our Deloitte team mobilised quickly to develop virtual two-hour workshops that could be delivered to businesses across New Zealand, providing tailored strategic advice when it was most needed.
COVID-19: The GST impact of changes to your short-stay property
26 June, 2020 Business continuity
With COVID-19 having a devastating impact on the tourism sector, you may be re-thinking how you use your investment property to generate returns. Care needs to be taken as there may be GST costs to you for any changes in use.
COVID-19: The latest Wage Subsidy information – 10 June 2020
10 June, 2020 Business continuity
With the move to Alert Level 1, 10 June 2020 marks the end of the Wage Subsidy Scheme and the beginning of the Wage Subsidy Extension Scheme.
COVID-19: Temporary ‘Safe Harbour’ provisions for directors
The Government has recognised the impact COVID-19 has had on businesses. For this reason, the Government has proposed new temporary ‘Safe Harbour’ provisions into the Act, which will provide directors with protection if directors decide to continue t
COVID-19: What impact will recent travel restrictions have on your company’s tax residence?
COVID-19 and the various measures implemented to fight the pandemic have significantly disrupted how many taxpayers do business across the globe, including the ability for directors, management and staff to work and travel in the usual way.
One key way businesses can mitigate the challenge of COVID-19 is by undertaking a scenario analysis, to try and uncover a clearer picture of the way forward. We’ve answered the top questions that business leaders might have about starting that proces