Findings that New Zealand’s tax system is the second most competitive of all 34 OECD countries reflect changes that should be promoted more internationally, says Greg Thompson, Partner and National Director, Tax at Grant Thornton New Zealand.
The latest Grant Thornton International Business Report (IBR) survey reveals that New Zealand businesses are among the least concerned in the world about future access to raw materials. This begs the question as to whether there is a need for businesses to “take off the blinkers” and commit more time to assessing environmental sustainability.
In what is believed to be one of the first of its kind, thousands of Grant Thornton people from member firms in 127 countries have taken part in contributing ideas to the next corporate strategy for the world’s fastest growing international accounting organisation.
In a just released whitepaper, Paul Kane, Partner, Privately Held Business at Grant Thornton New Zealand says that better roads between Auckland and Whangarei are critical for the Northland region to address its economic and social issues.
Peter Sherwin, Partner, Privately Held Business at Grant Thornton New Zealand, looks at New Zealand household incomes, the numbers of ‘poor households’ and how things have changed in this country over the last 20 years in light of a myriad of statements made by the different parties in the lead up to the election.
In the latest Grant Thornton International Business Report (IBR) survey, New Zealand was only headed by Sweden out of 33 countries concerning the levels of comfort SMEs had with tax policy and tax risk.
With two weeks to go until the election, political parties have been very open in outlining the positives steps they have taken, and intend to take, to sustain and improve what is currently happening in New Zealand. However, the same cannot be said of many New Zealand businesses, according to the latest Grant Thornton International Business Report survey.
Government moves to lower the costs of compliance for small to medium sized businesses come with a two edged sword. They remove the requirement for an estimated 98 per cent of New Zealand businesses to prepare general purpose financial statements, but they have left many businesses rudderless when navigating the financial oceans.
Tim Keenan, Partner and National Director, Privately Held Business at Grant Thornton New Zealand, looks at reasons why companies are getting into financial strife, particularly in the Christchurch construction sector.
Brent Kennerley, Head of Not for Profit at Grant Thornton New Zealand, explains why charities have to link their social media metrics to strategic objectives – and the tools you can trust.