COVID-19: Employment tax updates for a remote workforce – 1 May 2020
While New Zealand has moved from being in Alert Level 4 to Alert Level 3, a considerable number of workers remain at home. It is worth considering any employment tax issues which can arise from these working conditions.
COVID-19: Loss carry-back rules– fine in theory, but watch for fishhooks
On 30 April, the Government fast-tracked new legislation to introduce further tax changes in response to the impact of the COVID-19 outbreak.
COVID-19: Practical information about complying with the Wage Subsidy Scheme and changes to the Essential Workers Leave Support Scheme
On 1 May 2020 the Essential Workers Leave Support Scheme is being expanded. We've broken down the most up to date information about the Leave Support Scheme and the Wage Subsidy Scheme.
COVID-19: Summary of the Wage Subsidy Scheme and Essential Workers Leave Support Scheme
Since first being introduced on 17 March 2020, the Wage Subsidy Scheme has undergone a number of transformations including changes and refinements to the scheme. In this article, we summarise the key features of the Wage Subsidy Scheme and the newly
COVID-19: Fringe Benefit Tax and employment considerations
As a result of the lockdown measures the Government has put in place to fight the battle against COVID-19, there are a number of issues arising due to a significant proportion of employees now either working from home or unable to work due to the Ale
FAQs on upcoming tax payments in light of COVID-19
To help taxpayers understand their upcoming tax obligations, we have compiled a list of commonly asked questions and answers to help you navigate through this difficult time.
Yesterday, the Government announced significant economic decisions as New Zealand readies for COVID-19 Alert Level 4. We have set out details of these announcements, as they relate to the expansion of the Wage Subsidy, in our latest article.
Practical information to help you understand COVID-19 entitlements
The information in this article, regarding the Wage Subsidy Scheme and Covid-19 Leave and Self-Isolation Support, is designed to support you as business leaders as you navigate through uncertainty.
Tax reform measures included as part of Business Continuity Package
On 17 March the New Zealand Government announced a substantial $12.1billion business continuity package aimed at assisting businesses through the COVID-19 situation, including tax reform measures. Find out more about what these mean for your business