May 20, 2020

COVID-19 information for businesses

COVID-19 information for businesses
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Photo by Clay Banks on Unsplash

What you need to know

Business Owners

Familiarise yourself with the content from the Ministry Of Business, Innovation and Employment. This is a hub from central government, with the latest updates, info for exporters and importers, tax and cash flow, employers, travel, health and safety and other areas.

COVID-19: Information for business

Business Support

Specialised Support

Work with a range of specialist service providers for free, with fully funded support for expert consultation in areas such as:

·        HR health and wellbeing

·        Business continuity

·        Cash flow and finance management

·        Strategy

·        Digital capability

Register with the Regional Business Partners network to access this support.

Cash Flow Help

Wage Subsidy

The government wage subsidy helps employers and sole traders gain access to money so you can continue to pay both yourself and your staff through a downturn in cash flow.

Sign up here if you are self-employed.

Sign up here if you are an employer.

Business Finance Guarantee

The government has teamed up with banks to guarantee loans up to $500,000 for small to medium sized business with turnover between$250,000 and $80 million.

Find out more here.

Small Business Cash Flow Scheme (IRD)

Small business can access loans through an IRD scheme offering $10,000 to every firm plus $1800 per equivalent full-time employee. Loans will be interest free if they are paid back within a year.

Find out more here.

 

Tax Rebates

Expecting to run at a loss next year? The IRD is allowing you to claim that future loss against tax already paid. For more info click the link below or talk to your accountant.

Find out more here.

 

Lease and rental support

Commercial lease changes

​Need more time to pay the lease?The period during which commercial landlords can cancel leases for non-payment of rent has been extended from 10 to 30 working days.

Find out more here.

Reach out

Understanding the individual experiences of our businesses helps us build a picture of the overall impact our economy is feeling. If your business is being affected by the Covid-19 virus, get in touch with us.

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