New Zealand business and Coronavirus (COVID-19)
Our business is no different to yours, we are first and foremost a people organisation. The health and wellbeing of our people and our clients comes first. We are monitoring the situation daily and actioning a number of policy directives to help protect against the spread of COVID-19, while at the same time maintaining our service delivery to our clients.
While BDO remains open for business, from 8am Wednesday 25 March all BDO staff will be working remotely. With a flexible work culture already in place, and the operational infrastructure to enable this, our focus is continuity of service and helping our clients to navigate through this challenging situation.
BDO is here to help remotely
While we are in lockdown, you landing to this page probably means business as (almost) usual. Need our help in one of the following areas?
- Wage subsidy
- Working with your bank
- Business continuity planning
- Business Finance Guarantee Scheme
- IRD and tax related advice
- Business turnaround
- Business modelling requirements
- Business recovery
- Understanding financial reporting implications
- Audit and assurance requirements
- Accessing bank finance
- Working in the cloud
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We have formulated this factsheet with a view to direct you to the most up-to-date sources of information, and to assist you with the interpretation of these new packages.
We answer all of your burning questions on Wage Subsidy and Leave Payment in relation to COVID-19
This simple calculator has been prepared to assist you with determining what wage subsidies are available.
As we face the epidemic of COVID -19 throughout the globe, we see the flow on effect this has on our economy and subsequent consequences our businesses are facing. This Guide provides some steps to help you and your business in 2020.
Potential effects of the Coronavirus (COVID-19) outbreak on 31 December 2019 year end financial reporting.
Potential effects of the Coronavirus (COVID-19) outbreak on 2020 reporting periods and onward.
On Friday 20th March NZX and the Financial Markets Authority (FMA) made significant announcements regarding their response to COVID-19.
BDO UK recorded our first in a series of informal discussions from a team of experts and business leaders today; where we discussed the legislation, support and priorities businesses should be following to minimise the impact of the Coronavirus. Note: this was prepared by BDO UK, some points may not be relevant to New Zealand.
Here are the key facts on the Business Guarantee Loan Scheme in relation to COVID-19 as at 25 March 2020