The government has announced a suite of new measures to provide relief for small and medium businesses. New legislation will be introduced on 27 April 2020 which will extend timeframes required before Landlords can cancel leases and mortgagees can exercise their rights to sale or repossession. The legislation will apply retrospectively once the bill is…
New measures announced are part of a continuing effort by the government to support small and medium sized businesses stay in business during the current global pandemic. In addition to various tax benefits that have been rolled out to help with cashflow such as a tax loss carry back scheme and changing the tax loss…
Thursday 26th March was the start of New Zealand’s move to Alert Level 4 lockdown, with the Government asking all New Zealanders to stay at home. But what happens if “home” is a rental property? The Residential Tenancies Act 1986 (RTA) Under Covid-19 Response (Urgent Management Measures) Legislation Act 2020 came about to clarify the…
This article was co-authored by Richard Hoare and Ryan McMaster. As we enter yet another week of lockdown, some company directors may find themselves casting a nervous eye over their most recent cashflow forecasts and balance sheet and questioning whether there is enough cash to pay all debts as they fall due or whether continuing…
What a chaotic and stressful end to the financial year it has been. Sharp Tudhope care about the health and safety of our clients, staff and community and we are hopeful you are all managing to stay sane and safe, wherever you are. Our team remains fully operational, via home offices, and available to help…