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Tax, trusts and asset protection

 

We are passionate about tax and in assisting you to protect what is rightfully yours.

We offer assistance and expertise with tax, trust and asset protection issues at sensible prices: 

  • Binding ruling applications.
  • Notices of proposed adjustment (NOPA) and notices of response (NOR).
  • Taxation Review Authority hearings.
  • Tax investigations and audits.
  • Negotiations with the IRD.
  • International and New Zealand tax issues for NZ residents and non residents (individuals and businesses), including transfer pricing, issues related to tax havens and double tax treaties.
  • Tax planning for individuals resident in New Zealand or contemplating moving to New Zealand.
  • Issues related to income recognition and expense deductions.
  • Tax residence issues.
  • Withholding taxes.
  • Estate and gift duties.
  • Goods and services tax.
  • GST and income tax issues relating to land transactions.
  • Formation of companies (including LAQCs), trusts and structures that are tax efficient.
  • Tax issues relating to the sale and purchase of businesses.
  • Reviewing existing arrangements and structures.
  • Advising on the best structure for your situation taking into account any taxation issues and any need to protect assets from creditors, partners, rest home subsidies or others.
  • Tax accounting.
  • Tax returns.
  • The creation of companies and trusts.
  • We believe that we offer the best  all inclusive price in New Zealand for the creation of a family trust or company. Our NZ family trust formation price is $990 (including GST if any) and this includes all usual paperwork including the trust deed, settlor wills, opening trust minutes, trust registers, memorandum of wishes, gifting document (if required). If your assets are not in trust you will be exposed to unnecessary loss and you are likely to be paying too much tax. We can also assist with the transfer of assets to trust (including any conveyancing) at competitive rates.
  • We also offer foreign trusts. New Zealand foreign trusts offer significant tax and asset protection benefits not necessarily available to New Zealand residents. They should be considered by any potential immigrant to New Zealand, prior to immigration. They are also useful for international asset and tax planning for people and entities not planning to become resident in New Zealand.
  • Our estimated costs for the formation of a New Zealand charitable trust (including documentation and registration) are $1500-$2000.  
  • For  New Zealand company formations our price is $300 (including GST if any) and this includes company incorporation documents, opening company minutes, the company constitution and company registers. Our trust and company formations are tailored to your specific requirements and not simply computer generated.
  • We can create your new trust or company easily and promptly without any need for an in person meeting. We are of course happy to meet with you in person if you prefer.
  • Wills. Our usual cost for a straight forward will is $100.
  • Trust resettlements.
  • Estate planning.

We are happy to be contacted directly by people or businesses needing assistance or advice. We are also happy to receive instructions though or to work in conjunction with third parties, including financial planners, accountants or lawyers.

 

Email: info@worklaw.co.nz or call  Auckland 5235284