Breweries pivot for COVID19

Posted in Business

While the national lockdown brought the country to a standstill for more than a month, it’s been awesome to see many New Zealand businesses pivoting their brand’s offerings, marketing and strategies in light of Covid-19.  Two such businesses, WK clients…

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Budget 2020 – long term solution for an immediate problem?

Posted in Business

New Zealand Budget 2020 was promised to be the “jobs budget” by the Prime Minister just yesterday.  However, it is difficult to see how this budget saves or creates many jobs in the short term.  Of course, it must be…

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Modest government loans for small businesses

Posted in Business

From the 12th of March 2020, businesses have been able to apply for the “Small Business Cash-flow Scheme” or “SCBS” loans directly from Inland Revenue. Inland Revenue will accept loan applications from 12 May to 12 June. Applications can only…

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COVID19 Level 2 – levelling-out

Posted in Business

The New Zealand Prime Minister has announced what Level 2 will look like.  The decision to shift to Level 2 is yet to be made.  Cabinet meets on Monday to decide if, and when, the shift to Level 2 will…

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New Zealand Government announces Small Business Cashflow Scheme and Business Finance Guarantee Scheme

Posted in Business

Some good news before the weekend We are happy to report that there have been a few good positive developments for businesses in the past two days.  These are: Introduction of a loan scheme for small businessesIntroduction of a loss…

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COVID-19 Level 3 – a little slice of normality is on the horizon

Posted in Business

Yesterday, the New Zealand Government announced the shift to Level 3 after this long weekend.  Level 3 will last at least 2 weeks and will be reviewed on the 11th of May.  Level 3 isn’t really the end of lockdown;…

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COVID-19 Level 3 – over the hump?

Posted in Accounting & Advisory

As you will be aware, the Government announced what Level 3 will look like yesterday.  The official line remains that no decision to shift to level 3 has been made yet, and no decision will be made until Monday.  However,…

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Further New Zealand Government stimulus for COVID-19

Posted in Accounting & Advisory

Yesterday, the Government announced in principle some further tax changes and other measures aimed at improving the cash flow for SMEs.  The announcement is very high-level at present. The legislation to make these changes will be introduced on the 27th…

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Introducing the WK COVID-19 Recovery Webinar Series – powered by the WK Effect

Posted in Accounting & Advisory

At WK, we believe that whether it’s life or business, we’re all in this together.  So, behind everything we do and everything we are, lies a genuine desire to work towards the greater good.  For our clients,…

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Financial assistance for business continuity advice

Posted in Business

Many of you will want or need more specific support and guidance to navigate through this crisis.  Cashflow planning, disaster recovery planning (and strategy in general) are critical now to help businesses through the current crisis.  Perhaps more importantly, the…

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