New Zealand business and Coronavirus (COVID-19)
BDO’s offices are open on a business as usual basis. We will maintain social distancing and request our visiting clients/suppliers complete our Track & Trace requirements. For those clients observing a mask protocol, BDO staff visiting you will comply with this.
The impact of COVID-19 on New Zealand businesses and their balance sheets is unprecedented. Although the level and type of threats vary greatly across businesses, executives and boards need to rapidly assess their exposure and prepare response plans to ensure they can generate sufficient cash to survive.
To assist you in safeguarding your business, and keeping your business running, our advisers have developed a range of resources. We cover the following topics:
The Resurgence Wage Subsidy is a targeted extension to the original Wage Subsidy Scheme.
On 14 May 2020 the Government announced a targeted extension to the COVID-19 Wage Subsidy Scheme.
We answer all your questions on what the wage subsidy means for your business.
This simple calculator has been prepared to assist you with determining what wage subsidies are available.
BDO's RETHINK webinar series will provide you with insights that will challenge your thinking, provide insights to support your resilience and the vision to realise your goals.
Our BACK TO BUSINESS series aims to provide you with insights and strategies as you grapple with our new economy, the fallout of COVID-19 and your business recovery.
The 'Time to Lead' series will bring a number of key strategic discussion points to the table, important to consider when the market recovers from COVID-19.
We reflect on the key leadership strategies we have seen employed by our clients.
We outline key apps to use with Xero to keep your business humming along.
BDO has developed a risk assessment framework in order to aid key stakeholders in their decision making.
BDO has developed a risk-response checklist, outlying guidance measures to consider.
What are the components of financial management Construction companies should be taking?
What strategies and Government relief options are available for those in the tourism sector?
We highlight below some of the current relief packages being provided by the New Zealand Government.
There will be strong opportunities for those able to quickly adapt to both existing and emerging opportunities.
We dicuss the Business Finance Guarantee Scheme and your businesses eligibilty.
We answer all your questions on the Business Finance Guarantee Scheme.
Read more about the suite of measures introduced to help NZ businesses that have been adversely affected by COVID-19 and what it means for you.
We answer all your questions on all things tax and what it means for your business.
We discuss the significant changes to the tax system to assist businesses manage the impact of COVID -19
A summary of the suggested tax refunds and subsidies available for reimbursing employees for their home office costs.
Inland Revenue has announced two concessionary policies for 2018/19 income year tax returns that are filed late.
Potential effects of the Coronavirus outbreak on year end financial reporting, 2020 reporting periods, and NZ IFRS.
We explore the potential financial reporting impacts COVID-19 has had on NZ IFRS.
Every business’ AML/CFT compliance requirements are the same, but how do you ensure ongoing compliance?
What impact has COVID-19 had on lease arrangements (NZ IFRS 16)?