SME Relief Package - April 2020

A package of new measures has been announced to provide relief for SME businesses impacted by Covid-19.  These new measures include a tax loss carry-back scheme, introduction of the 'same business test' for tax loss carry forward, ability of IR to modify tax due date, and extending the timeframe for cancellation of commercial leases and mortgagees rights to sale or repossession.  Click here to read our article on these new measures.