We all know by now the impact that Earthquakes like the one on November 14th can have on our lives and businesses. We’ve put together some quick notes to help make sure the post earthquake process runs smoothly for you. Remember – we’ve been through this before with the Christchurch earthquakes, so please get in touch if you have any questions or concerns at all. We’re here to help. INSURANCE • If you haven’t already, contact your broker or insurance company right away. Even if you aren’t sure of the full extent of your claim, start the conversation with your insurance company as soon as possible • Take photos. When it comes to an insurance claim there is no such thing as too many photos • If needed, after 10 days you can make a business interruption claim, talk to your broker or insurance company about this TAX • The IRD are taking a realistic and flexible approach to meeting filing and payment due dates • If the earthquake has impacted your ability to file or make a payment, call us when you can and we’ll do our best to work with the IRD to grant you relief from any late filing or late payment penalties FINANCIAL ASSISTANCE • Most banks are offering both personal and business financial support such as short term funding. Head to the main page of their website to see how they can assist you • The government has allocated a $7.5 million wage subsidy for small businesses in Kaikoura, Cheviot, Waiau, Rotherham, Mt Lyford and Ward. If your insurance covers loss of earnings, you are expected to utilise this first before accessing the wage subsidy • A Mayoral Marlborough relief fund is being established for people and families in need • The Government will distribute $5 million to help out the farming, fishing and wine industries in Hurunui, Kaikoura & Marlborough Follow this link to view a help sheet from Duncan Coterill, covering topics such as business interruption insurance, landlord and tenant issues, employment and health & safety. Again, please don’t hesitate to get in touch with us if you have any questions at all. We know the process well now and are more than willing to help you through this time.