First Year

You want to pay less tax

Our Solutions
  • Claim all allowable deductions from your income before tax is calculated.
  • Look at your business structure and financing.
  • Make sure you claim your tax credits.
  • Ensure your investments are structured in the best possible way.
Your Benefits
  • You receive Tax savings from the deductions claimed.
  • You receive Tax savings from better income allocation & more deductible interest costs.
  • IRD give you more tax back in your tax return.
  • On your investments: You can receive more interest after tax by using the PIE structure.
Examples
  • Client using his vehicle for business & only claiming petrol - we found the best way to claim additional deductions resulting in a saving of $950 in tax.
  • Client with a successful business but had tax losses not being used in his trust - moved the business ownership to the trust for long term security reasons and incidentally used up the tax losses over 3 years saving $11,000 in tax.
  • Client had overlooked claiming their income protection insurance. We processed this for them recovering $650 in tax.
  • Client had $150,000 on term deposit paying the top tax rate on this. We got them to change to PIE with the same bank - with the PIR set at the allowed rate saving 3% in tax amounting to $226 every year.

You want to freely access help you with questions on business & tax over the phone & as required - as well as having the annual accounts & tax completed professionally

Our Solutions
  • As well as looking after your annual accounting and tax we can be available as required to visit you at your place to discuss business and tax matters or answer questions on the phone.
Your Benefits
  • You always have us available to help you as and when required.
Examples
  • A client called us to help with a decision on whether to buy or lease his work vehicle. Based on his situation and the transaction we recommended he fund the purchase from his bank – saving $1,300 in interest costs over the 36 month repayment period.

You need to get more money from your bank & need to present a well-documented case to the bank manager including cash flow forecasts etc.

Our Solutions
  • We can help you with your presentation and have successfully assisted clients in this way before, including attending the meeting at the bank as well.
Your Benefits
  • Your bank application has a greater chance of success.
Examples
  • A client who had taken an opportunity to buy significantly more business assets was then very tight on funds, incurring IRD late fees & penalties etc. With our help they received bank funding which will save over $5,000 over the course of the year.

You need to know how well your business is doing on a regular basis

Our Solutions
  • We can help you with your accounting processes and monthly reporting to a level that works with your own skills & resources.
Your Benefits
  • Being able to relate your business efforts with the financial outcomes on a regular basis will help you achieve your live goals and dreams.
Examples
  • Clients with a cash based business came onto the BankLink software product and can now see their performance, read the trend graphs against last year and budget and have improved their profitability as a result.

You want to save time doing your books.

Our Solutions
  • We can help assess whether your current accounting software is the most appropriate for your needs and possibly present alternative options.
Your Benefits
  • The options we present may be able to save you both time and money.
Examples
  • Clients who had been manually entering their data into a software product moved to BankLink simplifying and streamlining their processes and saving over half the time they used to spend on their books & GST work. They now have more family time!

You want to know how best to claim for your vehicle against your business

Our Solutions
  • We have a wide range of experience in helping clients optimize their vehicle claims.
Your Benefits
  • You get to claim for your vehicle in the best way and reduce the risk of IRD audit in this often complex area of tax law.
Examples
  • After our conversation our client transferred his car into his company and even after allowing for Fringe benefit costs is now better off by $1,700 a year after tax.

You are worried about your business risks & need help to work through these tricky areas

Our Solutions
  • We can help you with your business risks assessment and suggest appropriate insurance professionals for you to talk to where insurances need to be reviewed.
Your Benefits
  • This exercise can help you reduce risk, possibly save you some cost and might even save your business!
Examples
  • A client had insufficient key man insurance cover in place. We brought in our personal insurances expert and cost effective policies are now in place – creating not only peace of mind but a business continuity plan as well.