WK Blog: COVID-19

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Update to the COVID-19 Support Payments and The Small Business Cashflow Loans – March 2022

Posted in Business

COVID-19 Support Payment Update The IRD has released an update on COVID-19 support (CSP) payments. Firstly, from 8:00 am this morning (14/3/22) it is now possible to use a typical week between 5 January and 15 February 2021 as the…

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Preparing for the end of the tax year – 31 March 2022

Posted in Accounting & Advisory

There’s plenty of uncertainty out there about what the next few weeks and months will look like as Omicron sweeps through the community in full swing and geopolitical turmoil impacts financial markets and inflation.  However, as the saying goes there…

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COVID-19 Support Payments applications are now open

Posted in COVID-19

Applications for the COVID-19 Support Payment (CSP) opened this morning.  These applications are made through IRD’s online “MyIR” platform.  Once logged, the application can be found under the “I want to” menu.  Then click the third link “Apply For COVID-19…

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Further detail on COVID-19 Support for business – February 2022

Posted in COVID-19

The Inland Revenue has released further detail on the changes announced on the 21st of February that we discussed earlier in the week. Covid Support Payment Starting from 8 am on Monday the 28th of February,…

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Update on the New Zealand Governments COVID-19 support – 14 September 2021

Posted in Business

Wage Subsidy – Round 3 Yesterday it was announced that there will be a third round of wage subsidy.  This will apply for revenue drops of 40% or more for the period 14 September to 27 September but only if…

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COVID-19 Second round of Resurgence Support Payments announced – 13 September 2021

Posted in COVID-19

Finally, the New Zealand Government has announced a second round of Resurgence Support Payments (“RSP”).   To qualify a business will need to have suffered a 30% turnover drop for a 7-day period beginning 8 September compared to a typical 7-day…

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COVID-19 Shift to Level 2 in New Zealand / Delta – 7 September 2021

Posted in Business

We welcome the shift back to something resembling normality with the country (outside of Auckland) shifting back to Level 2 at midnight tonight.  This time round Level 2 comes with a lot more restrictions including greater distancing, smaller gathering sizes…

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Wage Subsidy Update - 3 September 2021

COVID19 Wage Subsidy update – 3 September 2021

Posted in Business #business #covid19

First round of Wage Subsidy ended prematurely The first round of the Wage Subsidy in August 2021 closed prematurely.  It was supposed to close at midnight last night but closed sometime around 8pm.  Hopefully, not too many businesses will be…

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Wage Subsidy August 2021 #1 close off

Posted in Business

Note that applications for the first round close 11:59 pm this Thursday the 2nd of September.  A second round starts 9:00 am Friday.  A business that did not meet the turnover eligibility for the first round can apply for the…

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Alert Level 3 – Extensions to Government Assistance – August 31, 2021

Posted in Business

As you will no doubt be aware, all of the country except Auckland and Northland shifts to Level 3 at midnight tonight.  At this stage, Level 3 is pencilled in to last one week. Level 3 is still very much…

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