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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HOW TO EXPORT FROM .NUMBERS TO .XLS

How to export from .numbers to .xls.  Numbers is an Apple file format, whereas xls or xlsx are Microsoft formats. So how can you make your iPhone file readable to someone using Microsoft on their computer?  First, open your sheet on your iPhone or iPad. Next, touch the three dots at the top right-hand corner Then,…

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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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