Grant Thornton today announced that Paige Cuthbert has been appointed as Chair of Grant Thornton New Zealand’s Board effective immediately. Based in Christchurch, Cuthbert is a highly experienced advisor and has over 30 years’ experience working closely with South Island businesses. Her extensive industry expertise includes agri-business, manufacturing and processing, fisheries, professional services, construction, and retail.
All things tax will get more attention from business owners, entrepreneurs and sole traders after Labour’s landslide win over the weekend, as the newly elected Government aims to raise the income tax rate from 33% to 39% for those earning over $180k.
Today, Grant Thornton New Zealand released the third statutory report in the Liquidation of Cryptopia Limited, a cryptocurrency exchange based in Christchurch. In a world-leading case for which there was no legal precedent, a court hearing held in April gave a clear ruling about the status of the assets and that they were held in trust for the account holders. Further steps need to be taken before assets can be distributed.
Neu Capital & Grant Thornton team up to close funding gap for NZ mid-sized businesses (MSBs).
Ten years ago, Rt Hon Bill English removed the ability for some businesses to claim depreciation deductions on buildings in his May 2010 Budget. Fast forward to 2020 and the world is in a very different place.