The economic package announced by the Government is larger than the response to the global financial crisis (GFC) of 2007-08. This includes allocations for supporting businesses, wage subsidies, income support and aviation support.
Bell Gully’s tax team can assist your business in the context of the COVID-19 relief package, which includes tax depreciation on commercial and industrial buildings, the provisional tax threshold and late tax payments.
For more information on our tax expertise.
For more information on our public law expertise.
Read our articles on COVID-19 tax and government support here:
- COVID-19 Tax loss carry-forward: the “same or similar business” test - 19 June 2020
- COVID-19 Wolters Kluwer New Zealand Budget Report 2020 - 14 May 2020
- COVID-19 Tax relief measures, new and old - 15 April 2020
- COVID-19 Wage subsidies, leave changes and tax relief feature in governments COVID-19 package - 17 March 2020