Updated daily.

This webpage has everything you need to know about COVID-19 in one place. Find-out what help is available, get advices from industry experts and read the latest updates.

 

Novel Coronavirus Map

COVID-19 Videos - Stay Informed

COVID-19 Videos
1/8 videos
1
COVID-19
COVID-19
2
COVID-19: Kevin O'Leary
COVID-19: Kevin O'Leary
3
COVID-19: Bronwen Newcombe (1)
COVID-19: Bronwen Newcombe (1)
4
COVID-19: Bronwen Newcombe (2)
COVID-19: Bronwen Newcombe (2)
5
COVID-19: Sian Jaquet
COVID-19: Sian Jaquet
6
COVID-19: David Wilson
COVID-19: David Wilson
7
COVID-19: Gina Cook
COVID-19: Gina Cook
8
COVID-19: Neil Craigen
COVID-19: Neil Craigen

GENERAL MANAGER, BNH

Key discussion points:

  • BNH support services
  • Online resources
  • Dealing with your landlord – Security checklist
  • Who to call
  • The business community spirit

DIRECTOR, DAVENPORTS HARBOUR LAWYERS

Key discussion points (video 1):

  • Health and Safety at Work Act 2015
  • Legal issues & fundamental obligations
  • Employee COVID-19 Leave payments
  • Online resources
  • Employee COVID-19 Wage Subsidy payments
  • Sole Traders
  • Leadership obligations

Key discussion points (video 2):

  • Redundancy
  • Legal obligations & process
  • Personal grievances
  • EAP services
  • Legal advice

EXECUTIVE COACH, PROFESSIONAL DIRECTOR AND KEYNOTE SPEAKER

Key discussion points:

  • Mental resilience
  • Managing anxiety
  • Self-reflection
  • Self-awareness
  • Mental health
  • Asking ‘are you OK?’
  • Positive reinforcement

GENERAL MANAGER, IT360​

Key discussion points:

  • Home office/remote working planning
  • Placing your router
  • Internet connections
  • Cyber security
  • Security assessment tool
  • Online resources

Remote work self assessment

The ultimate work from home guide

ADVISORY PARTNER AT BDO

Key discussion points:

  • Government Wage Subsidy and other Government support options
  • 30% decline in revenue rule
  • Cash flow problems and loan repayments
  • BDO resources to help businesses
  • What to do if your suppliers are not paying you on time
  • How to approach an accountant or a lawyer?
  • What should you do if you don’t have the funds?
  • What if your business strategy is not working?
  • Reviewing business fundamentals
  • Government financial support package for SMEs

BDO Article: COVID-19 Tax Response Act 2020

BDO Article: Wage Subsidy and Leave Payment FAQs

Business Tool: Government Wage Subsidy and Leave Payment Factsheet

REGIONAL MANAGER AT KIWIBANK

Key discussion points:

  • What can businesses expect if they want to communicate with their bank?
  • Business Management and Business Planning
  • How to manage liquidities
  • Information about Business modelling
  • BFGS (Business Finance Guarantee Scheme)
  • Short-term credits to cushion financial distress
  • Fundamental information business owners need to provide to benefit from their bank’s support
  • Keep ourselves and our team safe
  • Work/life balance when working remotely

Economic Response Package

The COVID-19 wage subsidy scheme has been modified. This is to help businesses that need to shut down under Alert Level 4 pay workers for an extended period of time.

The modified wage subsidy scheme will support employers and their staff to maintain an employment connection and ensure an income for affected employees, even if the employee is unable to actually work any hours. Applications for the modified wage subsidy scheme will be open until New Zealand moves down from COVID-19 Alert Level 4. Applications can be made on the Work and Income website.

The wage subsidy scheme:

  • supports employers adversely affected by COVID-19, so that they can continue to pay their employees;
  • supports workers to ensure they continue to receive income, even if they are unable to work.

Related Articles

Please note: This payment is no longer available from 3pm on 27 March 2020. If you’ve already applied for this, your payment will be processed as normal.

Workers and businesses have responsibilities to prevent the spread of COVID-19. The purpose of the COVID-19 leave and self-isolation scheme is to support workers financially to self-isolate, or while ill with COVID-19.

From 17 March 2020, the COVID-19 leave payment will be available to support people financially if they:

  • need to self-isolate
  • can’t work because they are sick with COVID-19
  • can’t work because they are caring for dependents who are required to self-isolate or who are sick with COVID-19.

The payments will be:

  • $585.80 per week for a full-time worker
  • $350 per week for a part-time worker.

The COVID-19 leave payment will be available for eight weeks from 17 March 2020. Employers will be able to apply for this more than once.

More information on who qualifies for the leave payment, and how to apply, can be found from Work and Income. You may also need a New Zealand Business Number (NZBN) to apply.

Related Articles: 

There are a number of business cash flow and tax measures that have been announced, including:

  • Giving Inland Revenue the discretion to remit use-of-money interest (UOMI) for customers significantly adversely affected by COVID-19.
  • Increasing the provisional tax threshold from $2,500 to $5,000 from 2020/2021.
  • Increasing the small asset depreciation threshold from $500 to $1,000 — and to $5,000 for the 2020/21 tax year.
  • Allowing depreciation on commercial and industrial buildings from 2020/2021.
  • Removing the hours test from the In-Work Tax Credit (IWTC) from 1 July 2020.

More information on the business cash flow and tax measures can be found from Inland Revenue.

Related articles: 

There are further parts to the wider $12.1 billion package that you may be interested in, including income support and further investment in the health response.

More information on the wider package can be found from the Treasury.

RELATED ARTICLES:

Business finance support and mortgage holidays

Please note: Businesses can now start applying to their banks for loans under the Business Finance Guarantee Scheme set up to support the New Zealand economy during the COVID-19 pandemic.

The Government has launched a Business Finance Guarantee Scheme for small and medium-sized businesses, to protect jobs and support the economy. The Crown, in partnership with participating approved banks, will support targeted new loans (including increases to existing limits) to eligible businesses, as a response to difficulties caused by COVID-19.

Under the scheme, businesses with annual revenue between $250,000 and $80 million can apply to their banks for loans up to $500,000, for up to three years. The scheme will offer a total of $6.25 billion in loans to New Zealand businesses.

The Government is guaranteeing 80% of the risk, while the banks are covering the remaining 20%. A normal lending process will be followed by the banks, which will make the lending decisions. Further details can be found on the banks’ websites.

CLICK HERE for more information about the Business Finance Support Guarantee Scheme. 

Related Articles

The package will include a 6 month principal and interest payment holiday for mortgage holders and small to medium sized businesses whose incomes have been affected by the economic disruption from COVID-19.

Related Article: 

Information for...

Latest news

BUSINESS.GOVT.NZ

Latest news from Business.govt.nz

COVID-19 Latest news and updates: News and updates from government about COVID-19 and how it may affect your business.

COVID-19 Information for businesses: The government’s central resource for COVID-19 business information with updates about COVID-19 and guidance to help businesses.

DAVENPORTS HARBOUR LAWYERS

latest news from davenports harbour lawyers

Other sources of information