Yet more fluffing around & minor tinkering by the Labor Govt today, which will do little or nothing for most struggling businesses
out there:
https://www.business.govt.nz/news/co...ws-and-updates
"New tax and business support
Business tax support
Government announced a further set of tax proposals to help businesses manage the impacts of COVID-19. These include:
- greater flexibility for taxpayers in respect to tax deadlines
- changes to the tax loss continuity rules
- a tax loss carry-back scheme."
Robertson & his spinning Mates still don't get it --
that they do have to open the Govt Treasure Chest and start spitting out some fairly substantial Govt
Life Support Cash to Business, if they expect to have many affected Businesses come out the other side and to avoid
very substantial Unemployment.
The "Spare the Employees & Sacrifice the Businesses & Employers" stance is showing Robertson & Ardern up for what many may
have already considered was the case when this Govt were parachuted into their hot seats courtesy of Peters..