Mount Albert, Auckland

Mount Albert

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Mount Roskill, Waterview, Point Chevalier, Westmere, New Windsor, Kingsland, Sandringham, Western Springs, Morningside, Avondale

Mount Albert news is brought to you by the team at Central Leader

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1516 days ago

Warm Up for Winter!

Royal Oak Shopping Mall

We missed you all but we are back! Support your local and be kind.

Simply spend $15 at any participating store and be into WIN! Then either head to our website to enter online or complete an entry form available from our stores.

Terms and conditions apply.

Promotion ends Sunday 21 June … View moreWe missed you all but we are back! Support your local and be kind.

Simply spend $15 at any participating store and be into WIN! Then either head to our website to enter online or complete an entry form available from our stores.

Terms and conditions apply.

Promotion ends Sunday 21 June 2020 at 5pm. Find out more

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1516 days ago

COVID-19 Wage Subsidy Extension

Baptist from Avondale

The following is the extract from Work & Income Website for further details please click on the link below
www.workandincome.govt.nz...


COVID-19 Wage Subsidy Extension

A Wage Subsidy Extension payment will be available to support employers, including sole traders, who are still significantly… View moreThe following is the extract from Work & Income Website for further details please click on the link below
www.workandincome.govt.nz...


COVID-19 Wage Subsidy Extension

A Wage Subsidy Extension payment will be available to support employers, including sole traders, who are still significantly impacted by COVID-19 after the Wage Subsidy ends.

The Wage Subsidy Extension will be available from 10 June 2020 until 1 September 2020 so employers can keep paying their employees.

Applications open from 10 June 2020.

Loss of revenue criteria changed 5 June

The Government announced a change in criteria from a 50% revenue drop to a 40% revenue drop.

This means you must have had a revenue loss of at least 40% for a continuous 30 day period. This period needs to be in the 40 days before you apply (but no earlier than 10 May 2020) and must be compared to the closest period last year.

Other key points

• If you're applying for an employee you've already applied for the Wage Subsidy for, you can't apply for them until their 12 week Wage Subsidy has finished.

• It will cover 8 weeks per employee from the date you submit your application.

• It will be paid to you as a lump sum at the same weekly rate as the Wage Subsidy.

• If you've given an employee notice of redundancy before you apply, you can't apply for those employees unless the redundancy notice is withdrawn.

• You'll need to agree to certain obligations, such as to:

o pass the subsidy on to your employees

o retain your employees for the duration of the subsidy

o do your best to pay your employees at least 80% of their normal pay

o take active steps to mitigate the impact of COVID-19 on your business.

Repayments

If your employee's usual wages are less than the subsidy, you must pay them their usual wages. Any difference should be used for the wages of other affected staff.

If there are no other employees to use the subsidy for, then the remaining amount should be paid back.

Self-employed

If you're self-employed, the income you regularly draw from your business may be less than the amount you receive for the Wage Subsidy Extension. In this case, the remaining amount should be paid back.

Receiving more than one COVID-19 payment

You won't be able to receive more than one COVID-19 payment from us for the same employee at the same time. This includes the:

• Wage Subsidy

• Leave Support Scheme, and

• Wage Subsidy Extension.

Related links

COVID-19 Wage Subsidy

COVID-19 Leave Support Scheme

1516 days ago

Small Business Cash Flow Scheme (SBCS) deadline extended and other updates

Baptist from Avondale

The following is the extract received from IRD.

Kia Ora Koutou



Today we have updates on the following topics:
… View moreThe following is the extract received from IRD.

Kia Ora Koutou



Today we have updates on the following topics:

• Small Business Cashflow Scheme (SBCS) deadline extended

• Covid-19 response variations

• New self-service options for customers facing hardship

Small Business Cashflow (Loan) Scheme deadline extended



The Government has announced a six-week extension for the Small Business Cashflow (loan) Scheme (SBC). Applications opened on 12 May 2020 and can now be submitted up to and including 24 July 2020.



All other conditions remain the same. For details of the loan conditions visit: www.ird.govt.nz...



The loan is providing relief to eligible businesses experiencing financial pressures during COVID-19. We have seen continuing demand particularly from businesses with up to five full time equivalent employees.



Already we have received over 73,000 applications, and 95% of these have been approved. This represents $1.19B disbursed. The average loan is around $17,000.



Most loans are processed overnight with businesses receiving their funds well within five working days of the loan being approved.



We advise applicants to read the conditions and eligibility carefully before submitting their application.

Commonly owned groups of businesses and organisations



We’ve been asked for additional guidance on the treatment of commonly owned groups of business and organisations.



The purpose of the loan scheme is to assist small to medium sized businesses of up to 50 full-time-equivalent employees.



A commonly owned group of businesses is (generally) considered to be one where each business has the same combination of owners. It does not matter whether those owners have the same proportion of ownership in each business.



In addition, a business may also be treated as being in a commonly owned group if it is in substance part of a larger group of businesses. For example, this may occur where

• The group has a dominating shareholder or group of shareholders and the businesses operate together as if they were one.

• The group of businesses involves a complex ownership structure where the overall control is centralised, and the businesses are in substance one enterprise.

We ask loan applicants to evaluate this requirement honestly and in good faith, on the basis that the loan scheme has been designed to assist small to medium sized businesses and is not intended to benefit large businesses or organisations, which control multiple small to medium sized businesses or organisations.



Where a business or businesses which are in substance part of a larger group receive loans in contravention of the policy intent, the Commissioner may reconsider their eligibility for the loans and may ask the businesses to repay the loan amounts early.



Where a commonly owned group of businesses and organisations collectively have no more than 50 full-time-equivalent employees, each business or organisation will be entitled to apply for a loan based on the number of employees employed by each individual business.



Where a commonly owned group of businesses and organisations collectively have more than 50 full-time-equivalent employees, none of the businesses in the group will be eligible for a loan.



Examples are available in the Questions and Answers document on our website: www.ird.govt.nz...



COVID-19 response variations



To help customers manage the impacts of COVID-19, the Commissioner now has a discretion to vary a requirement under an Inland Revenue Act (including, for these purposes, the Unclaimed Money Act 1971). This discretion is found at ss 6H and 6I of the Tax Administration Act 1994 and applies from 17 March 2020 to 30 September 2021.



To date two variation determinations have been published:



COV 20/01: Variation to section HB 13(3)(b) of the Income Tax Act 2007 (election to be look-through company)

COV 20/02: Variation to section EI 1 of the Income Tax Act 2007 (Timber income spreading)



Information on the process to request a variation and the publication of any variation determinations is available on our tax technical website:

www.taxtechnical.ird.govt.nz...



COVID-19: New self-service options for customers facing hardship

Use of money interest and penalties remission due to COVID-19



If your client’s ability to pay tax on time has been impacted by COVID-19, you will soon be able to submit a request for remission of penalties and interest through MyIR.



From Wednesday 10 June, under the “I want to” menu there will be a new option, 'Notify of impact by COVID-19'.

By making a request for remission you will be asked to confirm that:

• Some, or all of the amounts owing were due on or after 14 February 2020,

• Your client’s ability to pay by the due date, either physically or financially, has been significantly affected by COVID-19,

• You have contacted the Commissioner as soon as practicable to request relief and your client will pay the outstanding core tax as soon as practicable.

Once the web submission has been processed, an indicator will be added for the client, along with a start date.



Instalment arrangements



A similar process will apply for setting up instalment arrangements.



From Wednesday 10 June a new check box will be available at the end of the self-service instalment arrangement process: “I have been affected by COVID-19”.



If you select this option, you will be asked to complete the same disclaimer as above.



The arrangement will take effect automatically overnight. If the arrangement defaults, and the core tax is not paid, the penalties and interest will be reinstated from the original due date.



Please ensure this information is shared with your colleagues.



Ngā mihi

Corey Sinclair

National Leader

Community Compliance

1525 days ago

Auckland's drought rings alarm bells - is anyone listening?

Todd Niall Reporter from Auckland Stuff

Hi Neighbours, It might be raining but the record dry which is depleting Auckland's water supply is not going away in a hurry. Is it "just a dought?": Read the story below:

1517 days ago

Paint it Green with Resene this June!

Resene

Simply visit your local Resene owned ColorShop, choose your favourite green testpots and for each one you buy Resene will donate $1 to the New Zealand Trees That Count programme.

Offer applies to all Resene green 60ml testpots (excludes metallic and wood stains) purchased by retail customers … View moreSimply visit your local Resene owned ColorShop, choose your favourite green testpots and for each one you buy Resene will donate $1 to the New Zealand Trees That Count programme.

Offer applies to all Resene green 60ml testpots (excludes metallic and wood stains) purchased by retail customers between 1-30 June 2020 at Resene owned ColorShops.

Trees That Count are an environmental charity on a mission to plant millions more native trees throughout New Zealand. Trees That Count runs the country’s only marketplace which provides a place for anyone to fund or gift native trees. This support is matched with planters throughout the country who are restoring, and growing, precious wildlife corridors or pockets of native forest, turning small projects into mighty ones. Find your store

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1520 days ago

Water tank wanted

Doug from Mount Albert

Looking for water tank to collect rain water. Please message me if you have one for sale.

1527 days ago

The Story of Surfdale

The Team from Auckland Museum

Did you know that Surfdale in Waiheke Island received its name via a competition? The winner was awarded a section of land near the beach...

At 8 pence a day on top of a small deposit, a Surfdale section was also promoted as a sound investment – so close to downtown Auckland that “values must … View moreDid you know that Surfdale in Waiheke Island received its name via a competition? The winner was awarded a section of land near the beach...

At 8 pence a day on top of a small deposit, a Surfdale section was also promoted as a sound investment – so close to downtown Auckland that “values must go up and up and up”.

Well, they weren't wrong there.

Today, Waiheke Island brings to mind sunny vineyards and beachy weekend getaways. The image of Waiheke as an “island paradise” has its origins in 1920s marketing, but the island has long been desirable even as its character has changed over the past centuries.

As we go into the long weekend and begin to venture further afield again, why not have a read of how Waiheke came to be the place it is today, in this blog about its recent history by our Project Curator, Jane Groufsky.

www.aucklandmuseum.com...

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