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Author: Edencitytax

Today saw the next iteration of support measures for businesses announced. The announcements were scant on details, but we expect that will be released over the coming week to 10 days. Here is a very brief summary of our take: The Resurgence Support Payment (the one...

21 October, 2021

Just in case you missed it… Auckland is still in lockdown. Many of us are itching to get out and about a bit more, or for parents, get kids back to school. But it looks likely that we’re going to be living with some form of...

29 September, 2021

It’s been a long time coming, but there has finally been some guidance released about the new tax rules on residential rental property. At this stage, they are still just proposals and are subject to change, but a couple of key points: If you purchased...

29 September, 2021

Last Friday, the government announced that they would be offering another round of the Resurgence Support Payment. This is the subsidy that is administered by IRD. Applications open this coming Friday (17th of September) at 8am. To qualify, your business will need to show a 30%...

12 September, 2021

At 9am this morning, the next round of wage subsidies opens for application. If you are an employer or in business and you qualified for the most recent wage subsidy (the one that has been available for the last couple of weeks), there is a very...

02 September, 2021

For me, last week was a pain. Lots of people to blame, lots of fear. Uncertainty. What a cruel word. That feeling of powerlessness. What really is important? Immediately, wearing a mask when you step outside, yes. Watching the 1 pm briefing, no. Chatting with friends...

31 August, 2021

With NZ in lockdown, the various government support packages are beginning to be rolled out. Confusingly, there is different criteria for each. So before applying for any subsidy/payment, check the criteria for that particular payment. There are a bunch available depending on circumstances, but the two...

23 August, 2021

Ahh New Zealand. The land of the Long White Cloud. Stunning vistas, natural beauty and exceptionally low productivity. It’s that last part that’s a problem. According to the OECD, New Zealand’s productivity sucks. OK, they didn’t say that it sucked, but they did highlight that...

31 May, 2021

According to a report commissioned by ANZ, cyber crime has a $3 trillion impact on the global economy.  Trillion, that’s a lot of zeros.  Given it’s such a shady area, exact stats are hard to pin down, but it’s clear, this is a BIG DEAL. ...

02 May, 2021
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