Welcome to Lindsay Tax Solutions Ltd
We focus on providing innovative, practical and affordable tax solutions to any tax issues you may have. Whether it is an IRD audit, buying or selling a business or migrating to or from New Zealand, we have the experience and knowledge to assist.
Tax Services
Our tax services include:
- Assisting with IRD Audits and Disputes
- Specialist advice on income tax and GST issues
- Structuring of new business acquisitions and sales
- Tax training
- Tax compliance services
Tax News
The Inland Revenue have issued a draft statement discussing whether it is possible for a trust with deemed income (under the tax legislation) to distribute that deemed income to beneficiaries. Examples of deemed income include FIF income and LTC income.
The matter is not beyond doubt but the Inland Revenue appear to have taken a pragmatic approach and proposed that it is possible for deemed income to become beneficiary income, but only provided that certain requirements are met.
If you are contemplating making distributions of deemed income from a trust, please contact us to ensure that the distribution is effective, as otherwise the income will default to trustee income and be taxed at 33%.
Contact Us
Tax Consultant & Advisor
Contact: Chris Lindsay, Director (B Com, CA)
Mobile: 021 829 400
Email: chris@lindsaytax.co.nz
