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 …
Newsletters
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 …
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 …
Countdown to Company Director Changes
From Wednesday, 28 October all New Zealand companies must have at least one director who lives in New Zealand, or alternatively at least one who lives in Australia who is also a director of an Australian registered company. Action to Take If your company doesn’t have a New-Zealand based …