Blog | Velocite

Jun 9, 20201 min read

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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Wage Subsidy Extension - You probably don't qualify

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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Making your application to the Small Business Cashflow Loan Scheme

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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Processing Payroll – Working under Alert Level 3

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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Webinar - Steps you need to take prior to operating under Alert Level 3

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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How many hours do I need my employees to work?

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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How to communicate Your Alert Level 3 Plan with Your Team

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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Working from Home Tools You Might Not Know About

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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COVID-19 - Commercial Landlords and Tenants

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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How do I decide whether I pay my employees 100%, 80% or just the Wage Subsidy?

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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You have 48 Hours - What you need to do first

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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