HOW DO YOU MAKE A COMPANY INTO A LTC?

Illustration showing a property held in a New Zealand Look-Through Company (LTC), commonly used by property investors for tax transparency.

How do you make a company into a LTC (Look-Through Company)? It’s a genuinely straightforward process once the company itself exists. This guide walks through the actual election specifically. If you’re starting from scratch and need the full journey — from forming the company through to ongoing compliance — see our complete guide to how…

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INVOICES

EpsomTax.com invoice showing the amount due and payment details

check Balance Sheet balances vs actual bank account balances; check interest deductibility; record loan interest claims and check any current/term debt portions; check non-deductible items; check legal fees for deductibility;

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WHEN THE IRD WANTS MORE INFO!

When the IRD wants more info… what do you do? This year (2016) we’ve seen a dramatic increase in requests for information from IRD, generally, letters where they want a more detailed breakdown of expenses. We’ve also seen some more “direct” methods employed. What is this all about? FOCUS ON PROPERTY ​This year, as in…

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