New Clients – What to expect

We welcome new clients!

Please visit our office so we can get to know you and your business.

As part of our on-boarding process, we conduct an interview with you. We will explain your responsibilities for to the day to day management of your business, and how you can ensure that the records of the business are properly maintained – this is a legal requirement.

Our discussion will cover, but is not limited to the following areas:

  • Keeping business records – your responsibilities and options and what our role in this will be
  • Capital versus expense distinction – including things that are tax deductible and those that are not
  • Ownership Structures – Advantages versus Disadvantages of Sole Trader, Partnerships, Companies, Trusts
  • Personal Guarantees – What you need to know
  • Income Attribution Rules – when they apply
  • GST – When it is becomes compulsory and your various options for filing
  • Provisional Tax – Your different options and methods of calculation
  • Terminal Tax – Due dates
  • Individual’s Income Tax – Thresholds and due dates
  • FBT – Options, interest, deadlines, rates
  • Look Though Companies – Advantages and Disadvantages
  • Tax – Thresholds and dues dates
  • Resident Withholding Tax – Interest and Dividend income
  • Annual Returns – for companies
  • Company – Distributions to shareholders/directors, minutes, insolvency
  • Changes of Shareholdings – The implications of this
  • ACC & Earnings Insurance – Things you should be aware of

If you’d like more information or to arrange a meeting, contact us or send us a message and we’ll be in touch.