Covid-19 Wage Subsidy – Are you prepared for an audit?

While we are all planning our next steps as we rebuild our businesses, the Ministry of Social Development (MSD) have begun the mammoth task of auditing certain applications made under the wage subsidy scheme. This is an action that was signalled from very early on in the scheme. While the swift move into audit phase may seem harsh, the statistics that emerged regarding fraudulent claims on hardship grants after the…  Read more

Small Business Interest Free Loans to aid Recovery

The Government has announced a boost to cashflow support for small businesses to aid in their recovery from the affects of Covid19. The Small Business Cashflow Loan Scheme will provide assistance of up to $100,000 to firms employing 50 or fewer full time equivalent employees. The scheme is in the way of a loan from the government and will provide $10,000 to every firm and $1800 per equivalent full time…  Read more

Xero provides mental health support to Kiwi small businesses in 12 month trial

Mental Health is a major topic of focus across New Zealand, with more and more Kiwis finding it hard to get by some (or most) days. Xero have recently announced that the Xero Assistance Programme pilot (XAP) is now available for 12 months to all of the Xero starter, standard and premium subscribers, as well as all bookkeeping and accounting partners. Following earlier success of the limited trial of the…  Read more

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