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.