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
COVID-19: Cross-border workers and tax considerations
The COVID-19 Level 4 Alert lockdown has caused uncertainty in many areas of tax, including the taxation and tax residency of individuals who are now highly restricted in their ability to travel internationally to and from New Zealand.
The recently enacted COVID-19 Response (Taxation and Social Assistance Urgent Measures) Act 2020 allows for broader refundability of R&D tax credits for loss making businesses conducting R&D.
COVID-19: Changes to the New Zealand insolvency regime – 6 April 2020
On 3 April, the Minister of Finance, Hon Grant Robertson, announced several changes to the New Zealand insolvency regime. These changes came following concerns that a number of well-governed, viable firms had become vulnerable as a result of COVID-19
COVID-19: Business Finance Guarantee Scheme launched
On 1 April, the Minister of Finance, Hon Grant Robertson, released further details of the Business Finance Guarantee Scheme (BFGS) which forms part of the package of reforms to support the New Zealand economy during the COVID-19 pandemic.
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.
Deloitte and Safe365
20 March, 2020 by Monika Wakeman,
Against the backdrop of COVID-19, with health and safety top of mind, the Deloitte and Safe365 alliance provides businesses with a comprehensive health and safety solution, ensuring organisations can quickly and easily measure, monitor and improve he
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