Category: Business Updates

Cost of living payment – Govt Budget 2022

May 20, 2022

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in Business, Business Updates, IRD

Cost of living payment The Government Budget includes an announcement that a Cost of Living Payment will be made to eligible people who earned up to $70,000 during the period from 1 April 2021 to 31 March 2022 and are not eligible for the Winter Energy Payment. The payment of $350, paid in three instalments…
Update on COVID-19 business support provisions – 15 Mar 2022

Mar 15, 2022

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in Accounting & Tax, Bookkeeping, Business, Business Updates, IRD

2nd COVID-19 Support Payment to open on 14 March A 2nd COVID-19 Support Payment (CSP) will open on 14 March and a 3rd payment will open on 28 March. The period of time each CSP will cover are: For the 1st CSP, businesses will need to show their income is 40% lower in a 7-…
Financial support during Omicron outbreak – Updates 28 Feb 2022

Feb 28, 2022

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in Accounting & Tax, Bookkeeping, Business, Business Updates, IRD, Management

The Government has announced 3 additional forms of financial support for businesses with cashflow pressures as a result of COVID-19. These are: an increase to the base Small Business Cashflow Scheme (SBCS) and the ability to borrow a top-up if they did not borrow the full amount up to 3 COVID-19 Support Payments (CSP) an…
New financial supports for Covid-19 announced – Feb 2022

Feb 21, 2022

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in Accounting & Tax, Bookkeeping, Business, Business Updates, Entrepreneur

Finance Minister Grant Robertson and Revenue Minister David Parker announced the new financial support measures this afternoon, saying they would support businesses that were struggling during the Omicron outbreak. Covid Support Payment Robertson announced the new Covid Support Payment of $4000 plus $400 per full-time employee – capped at 50 FTE positions, or $24,000 –…
Final Round – Business support under the COVID Protection Framework

Nov 30, 2021

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in Accounting & Tax, Bookkeeping, Business, Business Updates, Entrepreneur, IRD, Management, Tips

The Minister of Finance has announced a number of changes to the financial support for businesses once New Zealand moves into the COVID Protection Framework at 11.59pm on December 2nd. The changes are as follows: • There will be a one-off Transition Payment to acknowledge the restrictions businesses have faced due to the higher Alert…
Activate Auckland – Government’s Business Advisory and Implementation Funding Package

Nov 19, 2021

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in Accounting & Tax, Business, Business Updates, Coach, Entrepreneur, IRD, Management, Tips

On Friday 22 October, the Government announced a support package for Auckland businesses affected by alert level restrictions, and as the country transitions to the new COVID-19 Protection Framework. Under this package, Black Arrow Business Studio can help Auckland businesses access: Advice and planning: Business Planning, Strategy and Continuity Financial Planning and Cashflow Management Business…
Covid-19 Financial Support & New Govt Funding – 10 Nov 2021

Nov 10, 2021

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in Accounting & Tax, Bookkeeping, Business, Business Updates, Entrepreneur, IRD, Management

[vc_section css=”.vc_custom_1590572438805{margin-bottom: 0px !important;padding-top: 0px !important;}”][vc_row css=”.vc_custom_1586774289616{margin-bottom: 0px !important;}”][vc_column][vc_column_text css_animation=”none”] Covid-19 Financial Support Update [/vc_column_text][gem_divider margin_top=”10″][vc_column_text] 1. Wage Subsidy August 2021 #7 Applications for the COVID-19 Wage Subsidy August 2021 #6 will close at 11.59pm on Thursday 11 November. Applications for Wage Subsidy August 2021 #7 will open at 9am on Friday 12 November. Your…
New Changes For Resurgence Support Payments (RSP) – 2 November

Nov 2, 2021

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in Accounting & Tax, Bookkeeping, Business, Business Updates, Entrepreneur, IRD, Management

[vc_section css=”.vc_custom_1590572438805{margin-bottom: 0px !important;padding-top: 0px !important;}”][vc_row css=”.vc_custom_1586774289616{margin-bottom: 0px !important;}”][vc_column][vc_column_text css_animation=”none”] Covid-19 Financial Support Update [/vc_column_text][gem_divider margin_top=”10″][vc_column_text css_animation=”none”] New Changes For Resurgence Support Payment (RSP) [/vc_column_text][vc_column_text]When the Resurgence Support Payments Scheme was created, applications were able to be made until one month after all of New Zealand had returned to COVID Alert Level 1. The recent…
New government funding and financial support – 29 October

Oct 30, 2021

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in Accounting & Tax, Bookkeeping, Business, Business Updates, Entrepreneur, IRD, Management

[vc_section css=”.vc_custom_1590572438805{margin-bottom: 0px !important;padding-top: 0px !important;}”][vc_row css=”.vc_custom_1586774289616{margin-bottom: 0px !important;}”][vc_column][vc_column_text css_animation=”none”] Covid-19 Financial Support Update [/vc_column_text][gem_divider margin_top=”10″][vc_column_text css_animation=”none”] Wage Subsidy August 2021 #6 [/vc_column_text][gem_divider margin_top=”10″][vc_column_text]Applications for the sixth COVID-19 Wage Subsidy August 2021, known as Wage Subsidy August 2021 #6, are open for two weeks between 9am, 29 October and 11.59pm, 11 November 2021. Applications for…
Resurgence Support Payment (RSP) Changes – 22 October 2021

Oct 24, 2021

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in Accounting & Tax, Bookkeeping, Business, Business Updates, Entrepreneur, IRD, Management

[vc_section css=”.vc_custom_1590572438805{margin-bottom: 0px !important;padding-top: 0px !important;}”][vc_row css=”.vc_custom_1586774289616{margin-bottom: 0px !important;}”][vc_column][vc_column_text css_animation=”none”] Covid-19 Financial Support Update Resurgence Support Payment (RSP) changes [/vc_column_text][gem_divider margin_top=”10″][vc_column_text]The Minister of Finance has announced the Government will increase the amount and frequency of the Resurgence Support Payment. You can see his press release at www.beehive.govt.nz The next payment, which is available from 29…