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
COVID-19: Government introduces more cashflow support for businesses affected
The Government has announced a significant initiative to help small to medium sized businesses obtain much needed cashflow – the Small Business Cashflow Loan Scheme.
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.