Annual returns
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Companies must file an annual return with the Companies Office every year. Each company has an allocated filing month. A company is not, however, required to file an annual return in the calendar year of its incorporation. |
Budget
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A budget is a financial plan; it matches a business’s income to expenses. A budget is important because it helps a business owner to gauge the financial health of the business and assist in determining whether the business has sufficient funds to purchase a piece of equipment or to expand the business. It helps a business to set goals for sales, expenses and profit. |
Business Acquisition
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If you are planning to purchase a business, it’s important to carry out a detailed due diligence analysis, this could include a valuation on the business before you sign the sale and purchase agreement to avoid disappointments in the future. |
Business Advisory
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Our staff members have experience in many different types of businesses and industries, and will be able to resolve any questions you have with your business. |
Business Plan
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What is a business plan?
A business plan is a formal document that sets out the goals of the business, which should include detailed analysis and action plans for achieving those goals. A business plan typically includes the following:
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executive summary
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business description
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business environment analysis
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industry background
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competitor analysis
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Business analysis
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financial plan and goals
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market analysis
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marketing plan
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operations plan
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Business Start-up
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If you are thinking of starting your own business, talk to us as we will be able to advise you on the best business and tax structure and guide you through the start up process that could potentially save you a lot of headaches and money further down the track.
We can also help you write up a business plan if one is required for your bank/lender. |
Company Cessation
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Depending on the circumstances, the costs and processes involved winding up a company varies significantly. A simple cessation may involve advising the Inland Revenue and the Companies Office of such cessation; a complex cessation may require the service of a liquidator. |
Company Formation
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If you have decided to trade under a company, you need to first incorporate a company with the Companies Office and apply to the Inland Revenue for an IRD number. The company may need to register for GST and FBT with the Inland Revenue also. |
Company Secretarial Admin
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We provide the following company secretarial services:
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Company restoration with the Companies Office
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Filing of company annual returns with the Companies Office
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Minutes for Annual General Meetings
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Share transfer documentation and lodgment with the Companies Office
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Corporate Tax & Tax Opinions
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Corporate tax can be complicated: loss offset, subvention payments and transfer pricing just to name a few. If you require assistance with tax planning, a tax opinion or resolving a current tax issue with the IRD, our in house tax solicitor will be able to assist. |
Fringe Benefit Tax (FBT)
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Fringe benefit tax (FBT) is a tax on benefits that employees receive and enjoy as a result of their employment. FBT replaces the PAYE tax that would be deducted from the employee if the employee was given the money to purchase the benefit as part of salary or wages instead of the actual benefit.
Fringe benefits (perks) include most benefits given to employees in addition to their salary or wages. |
Financial Statements
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A company is required to prepare annual financial statements and tax returns and lodge these with the Inland Revenue.
A New Zealand incorporated company with a foreign company tax status will be required not only to file the financial statements and tax return with the IRD but also lodging the financial statements with the Companies Office.
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Goods and Services Tax (GST)
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Most goods and services provided in New Zealand are subject to GST. A tax payer has to register for GST if income for the next twelve months is expected to be greater than $60,000. |
Management Consultations
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Lowthers has a range of staff and associates with different skllls that can assist with the management of your business. From getting back to basics with your financial reporting or monthly accounting to restructuring your business with a different business model to improve profitability and performance. We can also assist with acquisitions and divestment. This may include due diligence on the purchase of the business and an analysis of the potential going forward. |
Monthly Accounts & Reports
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Monthyl accounting is an importatnt component in running an efficient Business. Lowthers are geared to provide this service. We can provide monthly accounts on a timely basis as well as provide GST & PAYE services. |
Strategic planning
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Unsure where your business is heading next? With strategic planning, we will work with you to define a direction and a strategy for your business to ensure continued success of your business. |
Tax - Company
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From the 1st April 2011, the tax rate for a company has been reduced from 30% to 28%. |
Valuations
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Are you thinking of buying or selling a business and want to know how much it’s worth? Our experienced staff will be able to provide you with a creditable business valuation on the business before you decide to sign on the dotted line. |