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Restructuring Or Redundancies.pdf

business-tax-update-august-2020.pdf

Preview of restructuring or redundancies

🔗 Source: ird.govt.nz

📊 Size: 214 KB

📄 Pages: 2 pages

⬇️ Downloads: 57

Summary

Inland Revenue's tax news for businesses includes key dates and reminders that if a due date falls on a weekend or public holiday, returns and payments can be received on the next working day without penalty. The Small Business Cashflow (Loan) Scheme deadline has been extended to 31 December 2020. Employers considering staff redundancies due to COVID-19 must follow a proper process, including having genuine business reasons and acting in good faith, as required by the Employment Relations Act 2000. Failure to follow the process can result in employees applying for re-employment, loss of salary, and/or compensation, as well as hefty fines for employers.

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Description

Inland Revenue's tax news for businesses includes key dates and reminders that if a due date falls on a weekend or public holiday, returns and payments can be...

Technical Information

File Format: PDF
File Size: 214 KB
Pages: 2
Language: EN
Total Downloads: 57
Last Updated: 1 week ago

Document Overview

This PDF document about restructuring or redundancies provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into restructuring or redundancies.