With the recent rise to Alert Level 3 in Auckland in February 2021, due to the cases on COVID-19 in the community, the Government announced additional support for businesses. Jason talks about the Resurgence Support Payment (RSP), which is a payment to help support businesses due to a COVID-19 alert level increase to Level 2 or higher. Watch the video to learn who can qualify for the Resurgence Support Payment (RSP).
Check Your Revenue in Xero
Jason gives a demo on how to use Xero to check your revenue in the 7 days period vs a 7 day period in 6 weeks prior to see if you qualify for the RSP.
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Changes to Rental Property Expenses & Bright-line Test
Interest Deductions On Rental Properties From 1st October 2021, interest deductions on residential investment property