Small Business Cashflow (Loan) Scheme - Updates
November 25, 2020
The Government recently announced some changes to the Small Business Cashflow (Loan) Scheme.
Key changes:
- The interest free period has increased from 1 year to 2 years.However, it is key to note the interest free period is only applicable if the loan is repaid within the 2...
"Government support is still available to businesses affected by COVID-19, ranging from low-interest loans to tax refunds. Find out what you qualify for and how to get it."https://www.business.govt.nz/news/covid-19-support-for-small-businesses/?fbclid=IwAR34j32Dmrp7fwZlekirJ...
TAGS
business growthRecession HelpRecession TipsGetting Paid FasterGetting PaidDebt RecoveryOnline PaymentsCash FlowSmartlynzaccountantnzaccountingMicrosoft ExcelSpotlight ReportingHubdocaccountinghome officetaxGST Ratioaimnew zealand accountant50% deductible entertainment100% deductible entertainmententertainmentaccounting softwareCofixed assetslow-value assetsWage subsidy resurgenceemployersxeroXero certified advisorXero accountantChartered AccountantWage Subsidy ExtensionSmall Business Cashflow (Loan) Schemeincome relieflow-interest loansWage SubsidySupportGovernmentaccountantsmall business accountantNew ZealandInland RevenueIRDProvisional Tax ThresholdProvisional taxR&Dpukekohe accountantresearch & development tax creditcommercial buildingsSmall BusinessDepreciationIncome TaxCOVID