Polson Higgs

March 2010 News Archive

Extreme Examples Not Way to Judge Taxation (25th March 2010)
By Dene Mackenzie from Otago Daily Times

Finance Minister Bill English should avoid using extreme examples and making "kneejerk reactions" when considering changes to the tax system to be announced in the Budget.

Polson Higgs taxation partner Michael Turner said care was needed to ensure that extreme examples did not result in significant changes that had not been well thought through and which ultimately disadvantaged those who it was not intended to catch.

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International Track Meet Update (30th March 2010)

Polson Higgs sponsored and attended the International Track Meet at QE11 Stadium on Thursday March 18th.

Around 20 people attended and were treated to a mild evening and a range of exciting track and field events.

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Emissions Trading Low On South Island Business Radar (10th March 2010)

South Island businesses admit to having a poor understanding of the Emission Trading Scheme and very few companies are actively developing strategies around it, according to a survey by accounting firms Polson Higgs and McCulloch and Partners.

Only 6% of South Island firms professed to having a very good knowledge of  the scheme, whereas 34% said they had a poor understanding, 24% a fair understanding and 36% a satisfactory understanding.

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Difficulties Ahead, But Businesses Optimistic (9th March 2010)
By Dene Mackenzie from Otago Daily Times

South Island businesses are optimistic about the future but they are still expecting some tough times ahead in the short term, a survey out this morning says.

The Polson Higgs-McCulloch and Partners survey of South Island businesses shows that business leaders expect their operating environment to become increasingly complex over the next five years.

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MRINetwork's First Friday Preview (3rd March 2010)

In January, the percentage of the 15 million unemployed people in the United States who have been unemployed for more than 27 weeks rose from 39 to 41 percent. This figure is up from 22 percent in January 2009 and has averaged below 20 percent for almost all of the last 60 years that the statistic has been kept.

Although it’s not necessarily true, these long-term unemployed are often considered to be less desirable workers, older, less educated or less skilled. The unemployment rate for those 25-years-old and older without a college degree has exceeded 15 percent for the last two quarters, while unemployment for those with a bachelor’s degree or higher last month retreated from 5 to 4.9 percent.

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