Resilience + Assistance Packages During COVID-19
Business Briefings + Insights
Stay up to date with insights from our MBP Business Partners and specialists.
For many years, the low value asset threshold for depreciation had been set at $500.00. This meant that everything over $500.00 had to be capitalised and depreciated as a fixed asset. The cost of many business items has increased significantly since the rules were last reviewed. At the same time, the useful life of the […]
New Zealand’s Budget 2020 was promised to be the “jobs budget” by the Prime Minister just prior to its announcement. Unfortunately, it is difficult to see how this budget saves or creates many jobs in the short to medium term. Of course, it must be noted that there is $20Billion+ in COVID-19 recovery spending yet […]
As many business owners are experiencing, the COVID-19 pandemic has created serious financial difficulties for entrepreneurs. Small businesses especially are faced with cutting their budgets so they can continue to operate—even at a smaller scale—and not have to close for good. They also have to figure out how they can continue marketing themselves so once […]
Additional Resources + Information
If you need to access government resources and information, the links below can be helpful.
Visit the IRD for up to date information on tax relief available to businesses and individuals effected by Covid-19
Visit the MBIE for up to date information, support and advice to businesses and employees effected by Covid-19
Visit the MoH for up to date health advice and information on the ministry of health’s response to Covid-19
Get in Touch with your MBP Business Partner
If you need to discuss the impact of COVID-19 on you or your business, email your MBP Business Partner directly, they are there to help. Alternatively, use the form below to reach out to the team.
