A trust provides a valuable way of protecting the assets you have accumulated for the benefit of others.
We have extensive experience and so are able to offer specialist advice on Trust formation, ensuring all statutory requirements are met. Obligations for trustees can often be onerous, and our assistance in Trust administration will be invaluable.
We are able to prepare and execute the vital documentation involved in forming a trust, manage all trust administration requirements, prepare annual accounts, handle your tax obligations and help you manage your assets. On top of that our Christchurch based team offer a minute keeping service, investment monitoring and income distribution solutions as well.
Contact us today to ensure your trust is as formed and administered as effectively as possible, covering all legal requirements and so allowing it to fulfill its purpose.
Rental Properties
At WH Accounting & Advisory, we have years of experience helping with residential and commercial property. Our team can often provide advice to clients when it comes to purchasing a property, finding suitable funding and choosing the right ownership structure. We’ll also help you review your lease agreements, guide you as to how to minimise your tax and periodically review your situation to ensure you’re getting the returns you’re looking for.
The importance of forecasts in making a residential investment cannot be emphasised enough. We provide forecasts of revenue returns, financial position and potential growth, so you know what to expect in the future.
Contact us today for more information on how we are able to assist you in the business of rental properties.
Taxation of Foreign Investments
Taxation of foreign investments is a highly complex area. The tax treatment of overseas investments can vary considerably depending on the type of investment and the country concerned. WH Accounting & Advisory have experience and expertise in advising on and accounting for all forms of overseas investments. We can help with Foreign investment funds (FIFs), Controlled foreign companies (CFCs), Overseas pensions, Overseas superannuation funds and Foreign investments.
Contact us today for more information on how we are able to assist you with your foreign investments.
Foreign entities doing business in New Zealand
WH Accounting and Advisory have special expertise and experience advising offshore companies wanting to do business in New Zealand.
We’ll help you structure your New Zealand operations in the most effective way and help you get set up and registered as a business. From there our team will assist with all tax and compliance requirements with the IRD, manage your payroll administration for your NZ staff and provide ongoing company secretarial and accounting services.
Contact us today for more information on how we are able to assist you in doing business in New Zealand.
Reporting for Charities
We are able to prepare and execute the vital documentation involved in forming the charity and attend to the special requirements involved in reporting for Charities, in particular complying with Tier 3 and 4 PBE SFR (NFP) reporting. We’ll also handle your charity administration, minute keeping and document management as well as all tax and compliance requirements. We know just how important it is to have a charity that runs smoothly, which is why we’ll also help you with accounting systems implementation and operations.
Get in touch today for more information on how we are able to assist you with your charity.
Below are some of the assignments we have recently undertaken for our clients:
Accounting for Short Stay / AirBnB property mixed use asset GST adjustments for properties from Queenstown to North Auckland.
Advice on structuring tourism related businesses.
Setup of New Zealand accounting system for NZ operation of Japanese company.
Advising Australian businesses on NZ business structure, value of supplies, transfer pricing and profit repatriation matters.
Attending to Customs matters for NZ importer, including assisting with distribution agreements, deferred payment scheme and provisional value scheme applications.
Preparation of NZ returns of income for foreign investment fund (FIF) income, UK property investments, and overseas employment income.
Tax advice and accounting for Look-through company registrations and revocations.
Advising property development company and associated persons with respect to taxation of land transactions.
Tax accounting for Uber drivers and cryptocurrency investors.
Advising on tax residency issues, in particular with reference to NZ double tax agreements with various jurisdictions.
Tier 3 Performance Reporting for New Zealand charities and tax advice for not-for-profit entities.
Indicative share valuation for internal restructuring of family business.
Preparation of financial budget/cashflow statements for bank finance application.
Attending to various overseas pension income declarations for NZ tax purposes.
Assisting with restructuring of Company ownership, preparation of all documentation and corporate secretarial work for change in shareholding, share split and director appointments.
Assisting with AEOI enquiries from Inland Revenue and voluntary disclosures to Inland Revenue.
