Yes 45% if no IRD number provided. I got caught out by this on a new entity a little while back. In the end it comes back in the end of year wash but its an interest free loan to the IRD in the mean time.
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This govt is going to dismantle the productivity commission and reduce funding to MBIE. Not a great start.
Send some bloody experts to finland, sweden and high-tech US firms then have them report back and tell us how to adopt technology like they have .. not that hard in a world where everything is a plane flight away.
I worked in a role with a swedish companies products, amazing technology and I attribute my personal success in my career to my exposure to this particular company. But the real secret isn't the technology, it's the culture of the people.
In the same role I was working with the equivalent technology from a couple of other countries/cultures too, specifically USA and Japan.
Each of these companies (big well known names) had the equivalent technology but the real difference was the culture driving the adoption and usage of the technology.
I go into Manukau city about once a fortnight for shopping and to pick up the takeaways treat. Since Covid there gas been growth in beggars hanging around the fast food joints. Just recently some beggars have taken up around Countdown supermarket. Quite threatening with loud voices asking for money, and then cussing under breath if I don’t give alms. Some other shoppers give food, and the recipients are so grateful.
Haggling in shops is more common; begging is more common. Maybe we are already like the USA or a third world country with grinding unsupported poverty. I can’t see that changing under the current government. At the age of 53yo, I am starting to feel uncomfortable in my country. Maybe I am too old-fashioned.
(omg I sound like Balance!)