WK Blog: Business

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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 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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Government implements significant property changes

Posted in Accounting & Advisory

Today the Government renewed its war on residential landlords and announced some major changes in the property sector.  Obviously, the house price increases we have seen in the past couple of years are unsustainable and are having significant social impacts. …

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Wellington Parliament Buildings

New Legislation rushed through Parliament

Posted in Business

Top tax rate Legislation to increase the top tax rate was introduced and rushed through parliament under urgency.  By rushing this Bill through parliament, the normal democratic process has been circumvented as interested parties are denied the opportunity to make…

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New Zealand property price circus side-show

Posted in Business

Property prices have been the hot topic in the past few months as property prices have gone ballistic across the country.   Fundamentally, rapidly rising property prices are being driven by low supply.  However, the removal of the “loan to value”…

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WK-Business-Advisory-Post-Covid

Has your business adapted since Covid 19?

Posted in Accounting & Advisory

Are you focusing your time and energy on the right things at the moment? The things you CAN control, that will help your business thrive? Or are you focussing on things you can’t control, like politics, rules, regulations, outbreaks, lockdowns etc? The…

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National’s tax policy announcements

Posted in Accounting & Advisory

On Friday, National leader, Judith Collins and Finance Spokesman, Paul Goldsmith has announced National’s bold fiscal plan.   National’s bold tax policy is a stark contrast to Labour’s very conservative tax policy.  Labour’s policy seemed to be aimed at not offending…

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