Accounting Information Method (AIM)

Accounting Information Method (AIM)

AIM could be helpful If you have seasonal income or will pay more than $60,000 of tax in the year, the new Accounting Income Method (AIM) could be good for you. From 1 April 2018 you’re going to be offered another opportunity to avoid the interest charge on the...
The Trust Issue

The Trust Issue

Do you have a family trust? Thinking of forming one as a way to future-proof your assets for you and your children? Take note – the Trustee Act is getting a makeover. While there are still a few parliamentary hurdles to jump, now’s the time to get your head around...

Farming – ACC & Passive Income

For farming clients who are in the process of moving away from the day-to-day farming activities, the question of whether they are still actively farming comes up annually when the ACC invoice arrives. This tends to affect older clients who may have employed a 50/50...