Rental property/tenancy information
Are you a landlord or tenant with questions around the impacts of Covid19 on your tenancy?
The government has bought in new laws which you need to be aware of
A great place to answer your questions is NZ Tenancy Services
What work am I allowed to get done on my house?
You and the people in your bubble are allowed to work on your house. However, only tradespeople who need to carry out essential services are able to come to your house. A useful table of essential and non-essential work is here
Click here at Building NZ to find out exactly what that means
Construction contracts
We had to stop for lock down. What happens to our contract?
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Your industries website may have put out information for example the Master Builders has guidance, click here
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A google search will pull up information put out by lawyers firms that may help you
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Hutt Valley Chamber of Commerce put out a webinar that is worth a watch, click here
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Construction Accord is working with Govt to create a response plan for the construction sector, part of the plan summary is "Ensuring a fair and consistent approach to how contractor costs are covered and/or reimbursed during the shutdown" click here for more information.
keep talking to another, we are all in this together
Buying & selling houses
Can I still put my house on the market?
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Some agents are doing listings by virtual appraisals, this may or may not be for you, talk to your local agent.
What will happen to the housing market?
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Oh, for a crystal ball! There are many articles in the media from different commentators however, no one knows for sure. Click here for some interesting reads.
A great place to answer your questions about buying and selling is Settled.govt.nz
Wage subsidy information
What's the wage subsidy?
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A payment of $585.80 per week for 12 weeks if you work more than 20 hrs per week (if you are employed or self employed).
Am I entitled to it?
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Must have a 30% revenue drop due to Covid19
A great place to answer your questions is at Employment NZ and/or WINZ
Mortgage holiday/interest only
What's a mortgage holiday?
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A deferral - the interest is still charged and after the "holiday" it is added to the mortgage so you are paying more than you were before.
What are interest only payments?
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Where you pay the interest and not the principle.
Hutt Valley Chamber of Commerce put out a webinar that is worth a watch, click here
The different banks websites have information on this, so have a look
Newshub did a good article, click here
Business Finance Support
This is a loan to small and medium sized businesses.
For more information click here
Tax information
Changes to tax rules
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including low value assets can now be deducted up to $5,000 (for one year) up from $500 click here
Difficulty paying tax click here
Informative webinar from Hutt Chamber of Commerce click here
A great place to answer your questions is IRD NZ