Business News

How 'tax forgiveness' could help New Zealand's many small businesses weather the financial woes brought on by COVID-19

Written by Ranjana Gupta, Senior Lecturer Taxation, Auckland University of Technology

Shutterstock/Sam Wordley

Governments worldwide have released emergency stimulus packages to support workers and businesses through the economic crisis COVID-19 has wrought.

These measures include financial support, credit relaxation and tax relief for small businesses and some individuals, but they benefit only some taxpayers.

New Zealand may need...

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