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  • BDO COVID-19 Business Support Hub

New Zealand business and Coronavirus (COVID-19)

Kia Ora. Welcome to our COVID-19 Business Support Hub. 
 

BDO & COVID-19

All BDO offices across New Zealand are closely following the Government's COVID-19 guidelines. Please be assured that your safety and wellbeing is paramount when you visit our offices. In line with Government guidelines and current local COVID-19 settings, some BDO offices may require evidence of vaccination status prior to your visit. Please check in advance with your BDO representative.

We’re proud that 97% of our staff nationwide have chosen to disclose that they are or will soon be fully vaccinated. For those who have not disclosed or are not fully vaccinated, we will have additional protocols in place to ensure they are protected, and that all our people and the communities in which we operate are protected also. All protocols and policies will be in line with government public health advice.


Backing New Zealand businesses

Please follow the Government’s COVID-19 webpage here outlining the latest on financial support for businesses, connect with your BDO adviser and watch this webpage for more help in navigating the current outbreak.

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:

Information provided was accuate at the time it was compiled. For more information see BDO's legal and privacy policy

 

BUSINESS SUPPORT PACKAGES

COVID-19

▶ NEW $49 MILLION FUND TO KICK-START NZ TOURISM AFTER COVID

Businesses in five key South Island tourist locations are being targeted by three new Government initiatives, worth $69 million in total.

COVID-19

▶ COVID-19 SUPPORT PACKAGES - WHAT'S AVAILABLE FOR YOU AND YOUR BUSINESS?

From staffing challenges to revenue decline, Omicron is continuing to have a significant impact on businesses across Aotearoa. There are a number of business support packages available to help alleviate some of the burden.

COVID-19

▶ NEW FINANCIAL SUPPORT FOR OMICRON AFFECTED BUSINESSES

A new targeted COVID-19 Support Payment is available for businesses facing revenue challenges during the Omicron outbreak.

 

COVID-19

UNDERSTAND ELIGIBILITY AND APPLY HERE

Eligible for the August 2021 Wage Subsidy? Apply here.

▶ VIEW ALL SUPPORT PACKAGE INSIGHTS

WEBINARS AND PODCASTS

COVID-19

▶ RETHINK WEBINAR SERIES

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. 

COVID-19

BACK TO BUSINESS WEBINAR SERIES

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.

COVID-19

TIME TO LEAD PODCAST SERIES

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. 

▶ VIEW ALL WEBINARS AND PODCASTS

BUSINESS CONTINUITY PLANNING & STRATEGY

COVID-19

OMICRON: HOW TO PREPARE YOUR BUSINESS FOR MASS ABSENTEEISM

Omicron is here and it’s only a matter of time before New Zealand businesses start to see the kind of mass absences experienced in the UK and other countries. While we have already managed to make a head start on booster shots, current rules around self isolation, which could see some household contacts isolating for up to 24 days in theory, mean workforce shortages will be experienced across all sectors.  

So what can you do to minimise the impact of Omicron on your business? 

COVID-19

AUCKLAND-SPECIFIC BUSINESS SUPPORT PACKAGE: EXPRESSIONS OF INTEREST NOW OPEN

We’re delighted to see that an Auckland-specific business support package is being made available to organisations affected by COVID-19. Expressions of interest for the package are now open and we encourage as many of you as possible that would like to access some support to register your interest.

COVID-19

KŌRERO TO KINDNESS: EXPLORING MENTAL WELLBEING IN A COVID-19 DISRUPTED BUSINESS WORLD

Ideas and reflections for businesses in maintaining mental health while navigating COVID-19 and lockdowns.

COVID-19

▶ SCALING UNCERTAINTY: LESSONS IN BUSINESS RISK MANAGEMENT

Learn how New Zealand businesses can develop a risk-welcoming attitude in Scaling Uncertainty, featuring key insights from the 2021 BDO Global Risk Landscape report.

▶ VIEW ALL BUSINESS CONTINUITY PLANNING & STRATEGY INSIGHTS

SECTOR SPECIFIC ADVICE

COVID-19

RETHINKING CONSTRUCTION

View insights from the 2021 BDO New Zealand Construction Sector Report

COVID-19

FINANCIAL MANAGEMENT STRATEGIES TO COMBAT COVID-19

What are the components of financial management Construction companies should be taking?

COVID-19

FINANCIAL MANAGEMENT & RECOVERY FOR THE TOURISM SECTOR

What strategies and Government relief options are available for those in the tourism sector?

COVID-19

RELIEF PACKAGES FOR THE AGRIBUSINESS SECTOR

We highlight below some of the current relief packages being provided by the New Zealand Government.

▶ VIEW ALL SECTOR SPECIFIC INSIGHTS

IRD AND TAX

COVID-19

▶ WORKING FROM HOME: LOOKING AFTER YOUR TEAM TAX EFFICIENTLY?

Learn more about looking after your employees tax efficiently while they are working from home.

COVID-19

COVID-19 AND TAX RETURNS

Difficulty paying tax? Want to donate trading stock? Find out more about the options and help available for businesses in meeting tax obligations while impacted by the COVID-19 lockdown.

COVID-19

TAX FAQS

We answer all your questions on all things tax and what it means for your business. 

COVID-19

ADDITIONAL TAX RELIEF FOR BUSINESSES

We discuss the significant changes to the tax system to assist businesses manage the impact of COVID -19.

▶ VIEW ALL IRD & TAX RELATED INSIGHTS

FINANCIAL REPORTING IMPLICATIONS

COVID-19

COVID-19: POTENTIAL FINANCIAL REPORTING IMPACTS

In this latest Cheat Sheet from BDO's IFRS Advisory department, we analyse the key financial reporting impacts of our current COVD-19 lockdown for businesses to consider. 

COVID-19

POTENTIAL EFFECTS COVID-19 HAS ON FINANCIAL REPORTING

Potential effects of the Coronavirus outbreak on year end financial reporting, 2020 reporting periods, and NZ IFRS. 

COVID-19

FINANCIAL REPORTING IMPACTS

We explore the potential financial reporting impacts COVID-19 has had on NZ IFRS.

COVID-19

FACTORS TO CONSIDER TO ENSURE ONGOING AML/CFT COMPLIANCE

Every business’ AML/CFT compliance requirements are the same, but how do you ensure ongoing compliance?

▶ VIEW ALL FINANCIAL REPORTING IMPLICATIONS