Our Offices
Please note both of our offices are shut for the four week lockdown from Tuesday 24th March 2020 at 5pm. Some staff members are working remotely from home and are available via email. If you do not have an email address for a staff member please email This email address is being protected from spambots. You need JavaScript enabled to view it.. Directors and Associates email addresses are on the "Team" page of our website and they will also be available on their cellphones. If you do not have your accountant's cellphone number or require another staff member urgently please ring 021 655 181 and we will endeavour to help or get the correct person to ring you back as soon as possible. Thank you for your patience at this time.
Wages Subsidy
If you're an employer, contractor, sole trader or self-employed, you may qualify for a one-off payment of $7,029.60 for a full-time employee (or yourself if self-employed) and $4,200 for a part-time employee. This is $585.80 per week for a full-time employee (20 hours or more) or $350.00 per week for a part time employee (less than 20 hours) for 12 weeks upfront.
Since the level 3 announcement the Government have uncapped this subsidy (previously capped at 21 full-time employees).
To qualify:
- your business must be registered and operating in New Zealand
- your employees must be legally working in New Zealand - you will need their IRD numbers
- the business must have experienced a minimum 30% decline in actual or predicted revenue over the period of a month when compared with the same month last year, and that decline is related to COVID-19
- your business must have taken active steps to mitigate the impact of COVID-19
- you must make best efforts to retain employees and pay them a minimum of 80% of their normal income for the subsidised period
To apply or to find out more information follow this link: Work and Income - COVID-19 Support or please contact us, we are happy to assist where we can.
IRD News
An update from the Inland Revenue Department's website on the 25 March 2020 IRD - Updated Advice to Businesses: "If your business is unable to pay its taxes on time due to the impact of COVID-19, we understand, you don't need to contact us right now. Get in touch with us when you can, and we'll write-off any penalties and interest. It would help if you continue to file however, as the infomation is used to make correct payments to people, and to help the Government continue to respond to what is happening in the economy."
Another news article from 24 March 2020 explains that the best way to contact them is using your myIR account if possible IRD - Services Message: "Inland Revenue is continuing to provide essential services for business and individual customers, including payments to Working for Families customers and the administration of Child Support. Because of the extremely difficult circumstances, we are having to prioritise the work we do and adjust the way we do it accordingly. But please be assured payments will be made. Contact by phone is severely limited so customers will have to make every effort to make their contacts online - preferably through MyIR. Please continue to respond to electronic mail from Inland Revenue. Importantly, we will be flexible in the way we approach filing obligations (GST and provisional tax, for example) and tax debt. More details on filing and debt will be provided as soon as possible. Again, please be assured that we will remain open during the Alert 4 period and will prioritise working on all critical matters related to your tax entitlement and payment obligations. We know these are matters causing real stress and uncertainty and we are working urgently to provide as much certainty as quickly as we can. Our thanks for your patience in what is a difficult time for everyone."
