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Hello Mackenzie Businesses,

The resilience and fortitude of the Mackenzie business community is legendary, with many many examples of neighborly support and innovative ideas during these uncertain times. As we prepare for Level 2 and the opportunities that will bring for our businesses and wellbeing, we will continue to navigate these unprecedented times together.

Help us to Help You - South Canterbury Chamber of Commerce COVID-19 Mackenzie business survey

Please complete this 5 minute survey to provide us with a snapshot of Mackenzie business health, enabling us to continue to advocate on your behalf and provide relevant and useful targeted support services. As always this information will remain confidential.
Start Survey

COVID 19 Small Business Cashflow Scheme (SBCS)

The Government will provide one-off loans to small businesses impacted by COVID-19 to support their cash flow needs. Registrations open 12th May, the Small business cash flow loan scheme will provide assistance of up to $100,000 to businesses employing 50 or fewer full-time equivalent employees.
Details of the loans include:
  • $10,000 to be provided to every business
  • an additional $1800 per equivalent full-time employee
  • interest free if the loans are paid back within a year
  • an interest rate of 3% for a maximum term of five years
  • repayments not required for the first two years.
Government boosts cash flow support for small businesses (external link) –
Businesses will apply for the loan payment through myIR.  COVID-19 Small business cash flow scheme (SBCS) (external link) – Inland Revenue

The South Canterbury Chamber of Commerce is running a FREE webinar on Tue. May 12, 9:30am-10:30am on the Government’s Small Business Cashflow Scheme (SBCS) and the Loss carry-back scheme. Register here.

Temporary Loss Carry-Back Scheme

Tax changes to help businesses through the impact of COVID-19. Businesses expecting to make a loss in either the 2020 year or the 2021 year can use that loss to offset profits they made the year before. In other words, they can carry the loss back one year to the preceding income year. This can be done before the loss year return is filed. There are two ways to claim your loss carry-back:

 • Include the carried-back loss in your tax return – we will automatically refund any overpaid tax

 • Ask for a refund of any provisional tax you have paid for 2020 if you are going to carry back a loss from 2021 

IRD will refund some or all of the tax already paid for the preceding year before the loss year has finished by enabling customers to estimate their loss. Refunds will be processed a lot faster if you use myIR. If you choose to use the loss carry-back scheme you must first elect to participate in the scheme under the ‘I want to’ section of myIR. Refunds will be processed quicker for claims made through myIR

For more information on loss carry-back at

The South Canterbury Chamber of Commerce is running a FREE webinar on Tue. May 12, 9:30am-10:30am on the Government’s Small Business Cashflow Scheme (SBCS) and the Loss carry-back scheme. Register here.

Our COVID-19 Response Team is now bringing you a FREE webinar series for all businesses, which has been specifically designed to support business through the impact of COVID-19.

These free webinars bring together updates from leading experts in the region to help clarify and make sense of some of the most pressing topics that are affecting businesses over this unprecedented time. 
To register for upcoming webinars or to view on-demand webinars, visit the Chamber’s Business Support Webinars page or see the list of webinars available below.

Well-being 2: Compassionate Assertiveness - Register Now
Friday, May 8, 9:30AM - 10:30AM
Presenter: Steph Holloway
Find out more about the Government’s Small Business Cashflow Scheme (SBCS) and the Loss carry-back scheme - Register Now
Tuesday, May 12, 9:30 AM - 10:30 AM
Presenters: James Swaney and Richard Wheeler, Sidekick Timaru

Coaching, Mentoring and Supporting Staff - Register Now
Wednesday, May 13, 9:30 AM - 10:30 AM
Presenter: Malcolm Eadie, Progressive

Register now to access the webinars live or on-demand. Webinars are limited to the first 500 registrations. After registering, you will receive a confirmation email containing your unique link and information about joining the webinar. For the best user friendly experience, we recommend that you sign up for a free basic Zoom account prior to the start of the webinar. 
Register to watch live

Well-being Session 2
Fri. May 8, 9:30-10:30am

Find out more about the Government's Small Business Cashflow Shceme (SBCS) and the Loss Carry-Back Scheme
Tue. May 12, 9:30-10:30am

Coaching, Mentoring and Supporting Staff
Wed. May 13, 9:30-10:30am

Well-being Session 3
Fri. May 15, 9:30-10:30am

Well-being Session 4
Fri. May 22, 9:30-10:30am

Kiwisaver Investment Implications
Wed. May 27, 9:30-10:30am

Marketing through the Covid-19 Era
Fri. May 29, 9:30-10:30am

Business Assistance contact numbers 

Wendy Smith  |  027 229 2949  |

Fiona Stevens  |  027 434 9322  |

Raewyn Bell  |  027 500 4222  |

Finance and Training: Janet Hogan  |  027 634 6780  |

Certificates of Origins processing: 027 434 9322  |

Membership and Events: Timea Mester  |  028 409 6389  |

South Canterbury website: Raewyn Bell  |  027 500 4222  |

YES: Stacey Darrell  |  027 223 7170  |

Raewyn Bell
Business Advisor
25 Canon St I PO Box 919 I Timaru I New Zealand
ddi: +64 3 555 5092 | p: +64 3 687 2733 | m: +64 27 500 4222
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South Canterbury Chamber of Commerce · PO Box 919 · Timaru, 7940 · New Zealand 

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South Canterbury Chamber of Commerce · PO Box 919 · Timaru, 7940 · New Zealand