Wage Subsidy Extension – Revenue Calculation
How to calculate a drop in revenue Step 1: Firstly, you must continue to bill invoices on the same basis as you did in the prior year You...
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Hayley Duckett
Jun 9, 20203 min read
Wage Subsidy Extension
Current at Monday 8 June 2020 The Wage Subsidy Extension will be available from 10 June 2020 until 1 September 2020 enabling business...
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Grant McQuoid
May 21, 20202 min read
Survival | Reshape | Growth
Current at Monday 18 May 2020 We have been reflecting on the last 8 weeks and have concluded that there are three distinct phases that...
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Grant McQuoid
May 14, 20201 min read
Wage Subsidy Extension - You probably don't qualify
The Government today (14 May 2020) announced an 8 week extension to the wage subsidy scheme for businesses who have sustained a 50%...
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Hayley Duckett
May 13, 20201 min read
The Velocite Office is Open
Our office will be re-opening from 8.30am Thursday 14 May and we’re looking forward to seeing you all again, safely. What you need to...
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Grant McQuoid
May 11, 20203 min read
Making your application to the Small Business Cashflow Loan Scheme
The Small Business Cashflow Loan Scheme will provide assistance of up to $100,000 to firms employing 50 or fewer full-time equivalent...
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Portia Smith
May 4, 20202 min read
Processing Payroll – Working under Alert Level 3
Some businesses were able to return to work last week with the change to Alert Level 3. Moving alert levels does not change your...
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Grant McQuoid
Apr 27, 20201 min read
Webinar - Steps you need to take prior to operating under Alert Level 3
Grant McQuoid, Director and Owner of Velocite spoke to the Taranaki Business community about the crucial steps you need to take prior to...
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Grant McQuoid
Apr 20, 20202 min read
How many hours do I need my employees to work?
Current at 8am 20 April 2020 The hours of work when operating under Alert Level 3 should be aligned to the volume of work that you have...
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Grant McQuoid
Apr 20, 20203 min read
How to communicate Your Alert Level 3 Plan with Your Team
Current at 8am 20 April 2020 Communication of your Alert Level 3 execution plan with your Team should be your priority this week. You...
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Portia Smith
Apr 15, 20204 min read
Working from Home Tools You Might Not Know About
Current at 15 April 2020 Our friends at Yonder HQ have released some helpful tips for working from home, they have allowed us to share...
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Grant Sarten
Apr 3, 20202 min read
COVID-19 - Commercial Landlords and Tenants
Current at 31 March 2020 An interesting challenge for commercial landlords and their tenants (business owners) is how to deal with rental...
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Grant Sarten
Apr 3, 20203 min read
COVID-19 - Key Issues for Landlords
Current at 31 March 2020 Rent The rent freeze means from 26 March 2020 you cannot increase the weekly rent for any tenant for at least...
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Grant McQuoid
Mar 30, 20205 min read
How do I decide whether I pay my employees 100%, 80% or just the Wage Subsidy?
The Velocite view based on the information available is that the key requirement is to have good faith discussions with your employees prior
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Jaimee Baylis
Mar 27, 20201 min read
How to pull a cost report from Xero
A Velocite expert walks you through using Xero to pull a cost report
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Grant McQuoid
Mar 24, 20204 min read
You have 48 Hours - What you need to do first
Business Owners, you have 48 Hours - What you need to do first
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Mar 20, 20202 min read
Hon Grant Robertson, SMEs need the low value asset write off NOW!
Hon Grant Robertson, SME’s need the low value asset write off NOW!
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Mar 19, 20202 min read
The Velocite Team is Working from Home
The Velocite Team are now working from home
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Mar 17, 20203 min read
COVID-19 Government Support Packages
COVID-19 employer support how to apply
Wage subsidy and Leave Payment available to support employers affected by COVID-19.
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Mar 15, 20202 min read
Hold, Grow, Decline
The summary of ideas below is to provide some practical ideas for you to consider or implement as appropriate, this is a moving target as...
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