David, the sole practitioner of a legal firm, found that his business had stagnated with revenue around $600,000, profit of just under $100,000 and consistently facing cash flow problems. David was jolted into action by a frank conversation with his accountant. The accountant asked him how many …
Business Advice
November newsletter from Capital Accounting
Our topics for this month are:- Tony's Viewpoint - Trusts Part 2 TMNZ's new service Flexitax - pay your tax in instalments Xero price increase Early tax cuts possible Kaimai Country Lodge - indulge and enjoy!! Our Xmas shutdown period View the newsletter …
Do you need an independent Trustee?
As all Trust assets are registered in the joint names of the trustees how does an outsider know that he is dealing with a Trust? This is important and more so if the only trustees are the two spouses or partners. If anything ever goes wrong financially, taxwise or a dispute with beneficiaries …
Tips for starting a business
You have decided to start a business. You have an entrepreneur head on your shoulder and you are set to hit the ground running. Starting a business is not an easy task; it takes dedication, hard work and an insane amount of time. With this however comes some great perks. You will be your own boss …
Does Everyone Need a Trust?
By Tony Richardson In the past the answer in the majority of cases was yes! A Trust for yourself, your loved ones and maybe charities if set up early enough was a great way to provide asset protection in the event of business failure or relationship breakdown, to manage assets in the event of …