New support payments for lockdown-hit businesses. Legislation will be introduced under urgency to develop a new Resurgence Support Payment Scheme for businesses affected by any resurgence of COVID-19. Statement from Finance Minister Grant Robertson - 16-02-21 New ‘Resurgence Support Payments’ for businesses effected by Covid-19 lockdown disruptions are being rolled-out by [...]
2020 - A year punctuated by New Norms. In a year highlighted by forced-changes, lock-downs, economic uncertainty and a global health crisis – it’s pleasing to see many Cleaver Partners clients successfully adapting and navigating their way through the challenges thrown at us through the covid-19 influenced economic landscape. The new normal has brought us [...]
Update on second lockdown at level 3 Kia Ora, Tena Katoa, Hello to All. In the ongoing level three COVID-19 lockdowns, Cleaver Partners are pleased to advise we are fully operational and will provide continued access to our financial management and accounting services for all clients and associates at this time. We are committed to [...]
Bulletin #3 Financial relief available to business. Kia ora Koutou, Hello to all. Well done all for getting through the first week of lockdown - a new experience for us all! Cleaver Partners have researched and compiled the following financial relief initiatives available for business owners to help navigate, plan and survive these unpredictable and unprecedented times. [...]
Update on financial relief available to business. Kia Ora, Tena Katoa, Hello to All. In the climate of level four covid-19 lockdowns, Cleaver Partners are pleased to advise we are fully operational and will provide continued access to our financial management and accounting services for all clients and associates at this time. We are committed [...]
Financially Adapting to Challenges of Covid-19 There is a lot of noise out there at the moment about the financial impact that Covid-19 may have on businesses. While nobody has a crystal ball, the economic impact is already being felt. Consensus appears to be this will continue for the short to medium term. To assist [...]
Student Loans – Sharing with Australia Compliance with student loan repayment obligations remains a continued focus for IRD and the Government. IRD currently estimates that $3.2billion is owed by student loan borrowers who are currently living overseas, the majority of whom reside in Australia. In November 2015 a new Bill was introduced to Parliament which, [...]
IRD – Undeclared Cash Jobs in the Construction Industry In December last year IRD advised us that our construction sector clients would be contacted regarding declaring cash jobs. We wanted to let you know that they will be contacting these customers again shortly about their upcoming GST and Income Tax Returns. With Income Tax and GST Returns due soon, there are [...]
Employer Provided Carparks Employers are required to pay FBT on non-cash benefits provided to staff. However, like most taxes, there are exemptions. It is important to be aware of the exemptions to ensure FBT is not overpaid. One such exemption provides that benefits (other than travel, accommodation or clothing) provided and used on the employer’s [...]
New Residential Land Tax Rules – Family Trusts: IRD Numbers On 1 October 2015 new Land Tax and Information rules came into force. Under these new rules every Trust must complete a Tax Statement, which includes an IRD Number, before it can settle the sale or purchase of any real estate. This includes non-income generating [...]
