Small Business Cash flow Loan Scheme ExtensionThe Small Business Cash flow loan scheme applications were due to close today, but this has now been extended until 24 July 2020. If you missed our previous newsletters, you can find out more about this here. KiwiSaver...
Wage Subsidy Extension threshold now 40% revenue drop In our previous blog we talked about your business needing to have a 50% drop in revenue to apply for the wage subsidy extension, but today the government announced this has changed to a 40% drop in revenue for a...
Here are a few COVID-19 Updates and reminder’s you may find useful: Redundancies The Government announced a $570million scheme called the COVID Income Relief Payment. This is aimed at people who have lost their job due to the impact of COVID-19 between 1...
Yesterday, the Government announced a $50 Billion Rebuilding Together 2020 Well-being budget. This response and recovery fund is the biggest NZ Government spend in history. Below is what I think is most relevant for business: The Wage Subsidy Extension I will...
More details have been released today about the SBCS Loan (Small Business Cashflow Scheme). In case you missed our previous blogs, here is a quick overview and some updates: The loan is for small to medium size business owners, including sole traders and the...
The Government is announcing when we will be moving to Alert Level 2 next Monday (11/05). As we move into Alert Level 2, some restrictions will ease, but here is some more information about what life will look like for businesses: • Most businesses can reopen as long...
Here are some things we think you might find interesting for the first week of Level 3 for your business: Important Business Government updates. Are your plans in place for your business to operate at Alert Level 3? Paying your staff at Alert Level 3. Another economy...
New Zealand will be moving to Alert Level 3 on Tuesday 28th of April but what does this mean for you and your business? Here’s a summary: You will be able to expand your bubble by “a small amount” Some businesses will be able to get back up and...
On Tuesday I was at a really interesting talk put on by the ExportNZ through the Chamber of Commerce, and as you would guess, the hot topic was “how is Coronavirus affecting New Zealand’s exports, business and economy? This is my basic interpretation of the two very...
How well are your staff performing? Do they love their job? Performance reviews, an open two-way conversation held once or twice a year, are a great way to find out. While you’re not legally bound to do appraisals, they’re a great tool to keep your business running...
