As we head into 2021, consumer facing organisations in New Zealand may be lagging behind a dramatic shift in consumer behaviour.
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It’s been one year since the Government introduced its new procurement rules – swinging its $42 billion wallet in the direction of sustainable, socially responsible spending. Is that massive spending power starting to pull our economy in the direction the Government wants?
Grant Thornton New Zealand has recently conducted research into how much progress is being made within agencies, to get a sense of how successfully the new rules are being implemented.
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Large businesses can dedicate money and resources into marketing departments. Small businesses don’t have that luxury, so they need to be careful about where to invest their hard-earned money. Consider this a little cheat sheet. Here are some basic concepts we need to clarify before moving forward.
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We all talk about time, how it is our most precious resource. That it’s more important than money. Once it’s gone, we can never get it back. We ask ourselves where it goes, or marvel that it has just flown by.
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Registered New Zealand Not for Profit organisations can access a range of tax concessions compared to their for Profit counterparts. GST registered New Zealand Not for Profit organisations can claim GST credits on all of their assets and on related ongoing costs even if those assets are not used in their GST taxable activity.
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In our previous article on trustees’ disclosure to the beneficiaries we summarised the requirements of the Trusts Act 2019 (“the Act”) in relation to disclosure. This article is designed to provide trustees with more guidance on how they should approach disclosure to beneficiaries.
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For new employees, those early days in your organisation can be more of a test of survival than a time of growth and development. Often new staff members are thrown into the workplace and expected to succeed with little support and it’s no wonder many of them become disillusioned.
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Thirty-one March, the standard New Zealand balance date is not far away. This article discusses year-end issues that it may be prudent to consider.
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