Update on Covid support

Posted in Covid-19

New round of Wage Subsidy announced The Government has announced that Wage Subsidy is making a return for Round 4. This was signaled when the recent increase to the alert levels first occurred in the weekend. Applications will be able…

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Resurgence Support Payments – Part II

Posted in Covid-19

The announcement of an increase in Covid alert levels for at least 7 days means that another round of Resurgence Support Payment (RSP) will become available next week. Claims for the past level increase (the week beginning February the 15th)…

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Resurgence Support Payments

Posted in Covid-19

After the recent Auckland Community cases, the Government introduced a new mechanism to support businesses. The new scheme known as Resurgence Support Payments (“RSP”) is activated by a decision of Cabinet. Generally, this will be anytime Level 2 or higher…

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Update on recent happenings in Wellington

Posted in Accounting & Advisory

Due to Government activities ceasing for last month’s election, there hasn’t been much to write in terms of updates recently.  With the recent confirmation of the election results, things have suddenly sprung back to life. Small Business Cashflow Scheme In…

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WK clients adapt to a world with COVID-19

Posted in Covid-19

While COVID-19 had a negative impact on many New Zealand businesses, it has been inspiring to see many of WK clients leveraging their businesses offerings and marketing with positive outcomes.  One such business, Allan Scott Wines…

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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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Business Finance Guarantee changes…some further thoughts

Posted in Business

Our blog yesterday has generated a lot of discussion. Something we’ve been asked is why the old scheme failed so badly, and do we think the improved scheme will perform any better. Here is our opinion on this. Why did…

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Big changes to the New Zealand Business Finance Guarantee Scheme

Posted in Business

The Government-backed Business Finance Guarantee (or BFG) scheme has been an epic failure. The scheme was too restrictive and there was too much red tape. The Government set aside $6b+ for the scheme when the scheme was announced. However, to…

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Support announced for recent COVID19 outbreak in New Zealand

Posted in Covid-19

After months of ongoing bungles at isolation centres, the inevitable occurred, and Covid-19 is back in the community and Auckland is back in Level 3 lockdown. The travel restrictions on Aucklanders are going to be particularly hard on the tourism…

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Curly COVID-19 New Zealand wage subsidy scenarios

Posted in Business

There are a couple of scenarios that we have come across multiple times in the last couple of weeks. It turns out that WINZ has a secondary website that contains some useful and concise information that…

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