fbpx

Claire Dilks

Forum Replies Created

  • Up
    0
    Down

    We would love to help. Given the proximity to Christmas would you be able to meet in January to discuss how we might best help – our office opens 18 January. We’re in Parnell if you’re Auckland based or we could cover off on the phone? Our website is https://vcfo.co.nz/
    My email is Claire@VCFO.co.nz or my number is 0274899397

    I hope we can assist. Merry Christmas

    Claire Dilks
    Associate Director
    VCFO Group Limited

    Up
    0
    Down

    Anonymous, our firm would be happy to discuss your needs. I or Roger Hatrick-Smith (also a Manaaki member) can be reached on 09 918 3474 and our website is linked below. Alternatively our email addresses are Claire@vcfo.co.nz or Roger@vcfo.co.nz. Hope to hear from you Claire Dilks

    Specialties

    Up
    0
    Down

    Kishor
    There’s some helpful guidance at the following address.
    https://covid19.govt.nz/travel-and-the-border/travel-within-new-zealand/regional-travel/#travel-into,-out-of-and-through-Auckland

    Extract below:-

    Limited travel for work purposes
    Very limited travel across the Auckland boundary is permitted for some work purposes. Most people will not be allowed to travel across the Auckland regional boundary for work, even if their workplace is operating.

    You are permitted to travel into or out of Auckland for work if you:

    *are moving freight. All freight (goods, livestock, waste, etc.) movements can occur into, out of and through Auckland. You should carry documentation, e.g. a purchase or distribution order to show to Police.
    *are involved in dairy, horticultural or poultry production, processing, or distribution, and have been provided an exemption letter from your industry organisation
    *are providing health services (including disability and mental health) or in an emergency
    *are a contracted transport provider taking children to or from school
    *are working on building and construction for critical infrastructure projects, or where you are doing work responding to an immediate health and safety risk
    *are providing scientific services, in particular those supporting the COVID-19 response
    *are a utility or communication provider — including the news media
    *work in emergency services
    *are an electoral candidate
    *are providing services under the Oranga Tamariki Act 1989, or other social services to maintain critical wellbeing, and as crisis support for people who are unsafe or homeless
    *are supporting or delivering Managed Isolation and Quarantine services, including movement from other ports to Auckland facilities
    *working at New Zealand Steel Limited’s Glenbrook Steel Mill site
    *work in transport or logistics providers that operate at, or through, an aerodrome, passenger or freight aviation services, passenger or freight shipping services, road freight services, rail freight services, and public transport services that are under contract with a territorial authority
    *work for organisations supporting critical transport infrastructure that maintains public health and safety
    *work for a postal operator or courier service
    *work for Rocket Lab in the preparation or scrubbing of rocket launches
    *work for Foodstuffs in specialist food service store and stock management roles
    *work for organisations listed in Schedule 1 of the Civil Defence Emergency Management Act 2002(external link).
    You do not need to apply for an exemption or permission if you are travelling for the these reasons.

    Each individual should carry an official, recently dated, letter — either in hard copy or on your phone — from your employer that:

    *indicates your travel is necessary, and
    *clearly states which of the above categories you are travelling under.
    Please also ensure you carry photo identification.

    Up
    1
    Down

    Kishor
    There’s some helpful guidance at the following address.
    https://covid19.govt.nz/travel-and-the-border/travel-within-new-zealand/regional-travel/#travel-into,-out-of-and-through-Auckland

    Extract below:-

    Limited travel for work purposes
    Very limited travel across the Auckland boundary is permitted for some work purposes. Most people will not be allowed to travel across the Auckland regional boundary for work, even if their workplace is operating.

    You are permitted to travel into or out of Auckland for work if you:

    *are moving freight. All freight (goods, livestock, waste, etc.) movements can occur into, out of and through Auckland. You should carry documentation, e.g. a purchase or distribution order to show to Police.
    *are involved in dairy, horticultural or poultry production, processing, or distribution, and have been provided an exemption letter from your industry organisation
    *are providing health services (including disability and mental health) or in an emergency
    *are a contracted transport provider taking children to or from school
    *are working on building and construction for critical infrastructure projects, or where you are doing work responding to an immediate health and safety risk
    *are providing scientific services, in particular those supporting the COVID-19 response
    *are a utility or communication provider — including the news media
    *work in emergency services
    *are an electoral candidate
    *are providing services under the Oranga Tamariki Act 1989, or other social services to maintain critical wellbeing, and as crisis support for people who are unsafe or homeless
    *are supporting or delivering Managed Isolation and Quarantine services, including movement from other ports to Auckland facilities
    *working at New Zealand Steel Limited’s Glenbrook Steel Mill site
    *work in transport or logistics providers that operate at, or through, an aerodrome, passenger or freight aviation services, passenger or freight shipping services, road freight services, rail freight services, and public transport services that are under contract with a territorial authority
    *work for organisations supporting critical transport infrastructure that maintains public health and safety
    *work for a postal operator or courier service
    *work for Rocket Lab in the preparation or scrubbing of rocket launches
    *work for Foodstuffs in specialist food service store and stock management roles
    *work for organisations listed in Schedule 1 of the Civil Defence Emergency Management Act 2002(external link).
    You do not need to apply for an exemption or permission if you are travelling for the these reasons.

    Each individual should carry an official, recently dated, letter — either in hard copy or on your phone — from your employer that:

    *indicates your travel is necessary, and
    *clearly states which of the above categories you are travelling under.
    Please also ensure you carry photo identification.

    Up
    2
    Down

    Amy
    You should qualify for the wage subsidy ($585.80 per full time (20 hrs a week plus) employee, including you, per week for 8 weeks from the date of application) if your revenue in 30 of the 40 days prior to your application is at least 40% less than the period (or a similar period) in the prior year. I’d be happy to discuss your position (Claire@vcfo.co.nz) and an application can be made at the following web address.

    https://www.workandincome.govt.nz/covid-19/wage-subsidy-extension/index.html

    Bear in mind, by making an application you are undertaking to continue employing the staff included in your application for the 8 week period at a minimum of 80% of their usual salary.

    Applications close 1 September so as soon as you have your information ready you should make an application.

    There may be more assistance for Auckland if the lockdown lasts beyond Friday so keep your eyes open for media releases.

    Claire

    Up
    1
    Down

    You can apply for the wage subsidy extension even if you did not apply under the original scheme. As Andy has said the application period ends 1 September although there has been some discussion of a further extension for Auckland business if level 3 continues beyond Friday I wouldn’t rely on that if you already qualify for the subsidy. Applications can be made at the following address and the criteria are set out there too. Be sure to read the declaration you are signing by applying but otherwise its a simple process. Claire
    https://www.workandincome.govt.nz/covid-19/wage-subsidy-extension/index.html
    https://www.workandincome.govt.nz/covid-19/wage-subsidy-extension/how-to-apply.html

    Up
    0
    Down

    Applications for the small business cashflow loan can be made until 31 December 2020 – please see details and application process at the following address. Claire
    https://www.ird.govt.nz/covid-19/business-and-organisations/small-business-cash-flow-loan

    Up
    0
    Down

    Graeme, have you considered the R&D loan scheme? It sounds like you are doing something innovative with software and had plans to do more; if so, there may be some scope to apply for the R&D loan to fund that activity. You will need to show financial solvency at 31 December 2019 (presumably assets acquired equal the debt taken on) and an R&D plan that was in place before 26 March. From your comments it is clear your ability to fund any R&D activity was adversely affected by COVID-19 which is another criteria. Details are at the following address:
    https://www.callaghaninnovation.govt.nz/grants/rd-loan-scheme

    For the wage subsidy, if you have had no revenue and you weren’t previously registered with Callaghan Innovation, you are correct a wage subsidy application is unlikely to be successful. You mention you had received a payment of $520; was this received before COVID hit and if so would the circumstances of this payment support a claim under the high growth criteria? Please let me know if you would like to discuss the circumstances (Claire@vcfo.co.nz).

    The small business cashflow loan is also predicated on the wage subsidy criteria, so if you’re unable to apply for the subsidy it is also unlikely to be available.

    I’m sure you’ve considered it, but would the customers you had already connected with be interested in some sort of investment or prepayment scheme?

    I’m sorry there isn’t something more positive available.

    Claire

    Up
    0
    Down

    Anonymous
    I concur with Andrew’s comments above and would be glad to have a technical discussion with you around your structure and compliance obligations as a contractor, (as Andrew rightly says above, your obligations as an employee should be simple). I can be reached at claire@vcfo.co.nz or 09 553 9641. Good luck Claire

    Up
    0
    Down

    Hi anonymous; we at VCFO Group would love to help. A link to our web and contact details follows below. Hope to hear from you Claire & Roger

    Contact


    Roger Hatrick-Smith
    VCFO Group Limited
    Ph: 09 918 3474
    Mob: 021 809 616
    Email: roger@cvfo.co.nz
    L 1, 96 St Georges Bay Road, Parnell Auckland 1052
    New Zealand
    Postal:
    PO Box 91211
    Victoria Street West
    Auckland 1142
    New Zealand

    Up
    0
    Down

    Hera

    This sounds like an exciting opportunity. We (VCFO, https://vcfo.co.nz/) would love to get involved. My contact is Claire@vcfo.co.nz

    If you’re based in Auckland it would be great to meet in person, or over the phone if not. Please let me know.

    Claire

    Up
    0
    Down

    Callaghan have released more information regarding the R&D loan scheme (link follows) today. Applications are now open (stage 1) and will be open until 31 March 2021, but it is a limited fund so we recommend applying as early as you can. It will be necessary to complete the stage 1 application form even if you have previously filed an expression of interest and even though much of the information requested is duplicated.

    https://www.callaghaninnovation.govt.nz/grants/rd-loan-scheme

    Summary
    As a reminder the loan is available to businesses with R&D activities they are struggling to fund due to the impact of COVID-19. In summary the scheme operates as follows.
    •The maximum amount available under the scheme is for a loan of up to $400,000 to support planned R&D activity, subject to other forms of government R&D support.
    •Interest applies at 3% from the start of the loan; interest is waived if the loan is repaid within the first year.
    •Repayment instalments are not compulsory for the first three years; the maximum loan period is 10 years.
    •Expectation is for the loan to be paid out in line with Callaghan Innovation’s standard fortnightly payment schedule starting mid-July 2020.
    •To be eligible, businesses must:
    – be a legal New Zealand entity
    – have been in a financially solvent position as at 31 December 2019
    – be able to show that their ability to fund their R&D activity is impacted by COVID-19
    – have had an R&D programme or plan in place before 26 March 2020 and plan to spend at least $50,000 on R&D.

    There is an eligibility tool on the Callaghan website (link above).

    There are also some FAQs at the above address, but please email if you would like to discuss (claire@vcfo.co.nz)

    Up
    0
    Down

    The wage subsidy should be used to fund payments made to your employees. Normal withholdings can be made such as the employee contribution to KiwiSaver and PAYE. Unfortunately, employer contributions can not be taken out of the wage subsidy amounts received and must be funded by the employer. This should be taken into account when best endeavours are used to pay staff the 80% wages target. Happy to discuss if you have more questions.