company Archives - EPSOMTAX.COM - Property Accountants, Auckland

MOTOR VEHICLE FBT CHANGES

Garreth Collard, Senior Property Accountant — Mon, 29 Jun 2026 04:33:40 +0000

Motor vehicle FBT changes you say? Yes. The New Zealand Government has confirmed the most significant overhaul of the motor vehicle Fringe Benefit Tax (FBT) rules in decades. From 1 April 2027, employers will no longer calculate FBT primarily by counting the days a vehicle is available for private use. Instead, they will classify vehicles…

The post MOTOR VEHICLE FBT CHANGES appeared first on EPSOMTAX.COM - Property Accountants, Auckland.

COMPANY VS SOLE TRADER

Garreth Collard, Senior Property Accountant — Thu, 30 Oct 2025 02:46:37 +0000

Company vs Sole Trader: Which structure is right for your business? When you start a business in New Zealand, one of the first and most important decisions you’ll make is choosing the right structure. The most common options are operating as a Company vs Sole Trader. At first glance, the decision might seem straightforward. But…

The post COMPANY VS SOLE TRADER appeared first on EPSOMTAX.COM - Property Accountants, Auckland.

BEST OWNERSHIP STRUCTURES FOR INVESTMENT PROPERTY

Garreth Collard, Senior Property Accountant — Wed, 06 Aug 2025 18:46:21 +0000

9 times out of 10 an LTC is the best structure for owning a rental property: "You have the benefit of limited liability, a legal structure that is clearly a separate entity yet under your control, and yet it is treated at tax time like a partnership: the best of both worlds."'

The post BEST OWNERSHIP STRUCTURES FOR INVESTMENT PROPERTY appeared first on EPSOMTAX.COM - Property Accountants, Auckland.

TRUST VS PARTNERSHIP VS COMPANY VS LTC FOR RENTAL PROPERTY

Garreth Collard, Senior Property Accountant — Thu, 30 Jan 2025 20:12:00 +0000

Note also that in the case of rental property owned by individuals, income or loss can only be unevenly distributed if this is what is on the title.

The post TRUST VS PARTNERSHIP VS COMPANY VS LTC FOR RENTAL PROPERTY appeared first on EPSOMTAX.COM - Property Accountants, Auckland.

CLOSING A COMPANY IN NEW ZEALAND

Garreth Collard, Senior Property Accountant — Mon, 06 Jan 2025 20:25:08 +0000

Closing a company in New Zealand is a process that involves careful planning, legal compliance, and coordination with government authorities. Whether your decision to close stems from completing the company’s purpose, financial difficulties, or a strategic shift, understanding the necessary steps is crucial. This guide – updated in October 2026 – provides a detailed roadmap…

The post CLOSING A COMPANY IN NEW ZEALAND appeared first on EPSOMTAX.COM - Property Accountants, Auckland.

THE ULTIMATE GUIDE TO BUSINESS STRUCTURES AND RECORD-KEEPING

Garreth Collard, Senior Property Accountant — Mon, 30 Dec 2024 17:51:07 +0000

The ultimate guide to business structures and record-keeping in New Zealand? Yes: you’ve come to the right place! Managing a business in New Zealand involves careful planning, choosing the right structure, and maintaining meticulous records. This guide explores the most common business structures in New Zealand and provides practical tips on record-keeping to ensure compliance…

The post THE ULTIMATE GUIDE TO BUSINESS STRUCTURES AND RECORD-KEEPING appeared first on EPSOMTAX.COM - Property Accountants, Auckland.

WHAT IS A LOOK-THROUGH COMPANY? (LTC)

Garreth Collard, Senior Property Accountant — Mon, 19 Aug 2024 22:59:04 +0000

What is a Look-Through Company? This structure — an LTC — is a unique business structure in New Zealand. It combines the legal benefits of a limited liability company with the tax advantages of a partnership. Introduced in 2011 as a replacement for the Loss Attributing Qualifying Company (LAQC) regime, LTCs allow income and…

The post WHAT IS A LOOK-THROUGH COMPANY? (LTC) appeared first on EPSOMTAX.COM - Property Accountants, Auckland.

HOW DO YOU SET UP AN LTC?

Garreth Collard, Senior Property Accountant — Sun, 30 Jun 2024 02:06:40 +0000

Who will be the company directors?
How many directors will you have?
Who will be the shareholders?
How many shares will they own?

The post HOW DO YOU SET UP AN LTC? appeared first on EPSOMTAX.COM - Property Accountants, Auckland.

COMPANY DIRECTORS: ARE YOU TRADING RECKLESSLY?

Garreth Collard, Senior Property Accountant — Wed, 07 Feb 2024 06:13:04 +0000

Company directors: are you trading recklessly? Many business owners choose a company structure because it provides limited liability protection. That creates a valuable separation between the company’s obligations and the personal assets of its shareholders. Many directors misunderstand the limits of that protection, though, and the consequences of getting it wrong can be severe. 30-Second…

The post COMPANY DIRECTORS: ARE YOU TRADING RECKLESSLY? appeared first on EPSOMTAX.COM - Property Accountants, Auckland.

WHAT IS A SOLVENCY RESOLUTION?

Garreth Collard, Senior Property Accountant — Thu, 30 Nov 2023 05:45:14 +0000

WHAT IS A SOLVENCY RESOLUTION? A solvent company is one where the assets are more than the liabilities. An insolvent company is the opposite

The post WHAT IS A SOLVENCY RESOLUTION? appeared first on EPSOMTAX.COM - Property Accountants, Auckland.