Expiry of COVID-19 temporary low-value threshold raise

The Government has passed legislation that temporarily increased the low-value asset threshold for depreciation from $500 to $5,000. This arrangement formed part of the government support package during the COVID-19…

The government has activated the RSP (Resurgence Support Payment) for eligible businesses from 23 February 2021. Eligible businesses and organisations can apply to receive the lesser of: $1,500 plus $400…

The New Zealand government announced on 11th February 2021 that the Flexi-wage scheme is being expanded on 15 February 2021. The scheme is designed to help people who lost their…

A COVID-19 Short-Term Absence Payment (short STAP) is now available. This payment is available to employers for employees and self-employed workers, who need to miss work to stay at home…