Personalised Individual Tax Services
Our individual tax service is designed to assist individuals in managing their tax obligations efficiently and effectively. We provide a range of services tailored to meet the diverse needs of individual taxpayers, ensuring compliance with New Zealand's tax laws while optimising tax outcomes.
How we can help:
Compliance and Filing
Preparation and filing of individual tax returns, including returns for those with additional income sources such as rental, business, or foreign income.
Assistance with understanding and applying the correct tax rates, including the new rates effective from 31 July 2024.
Ensure compliance with the Tax Administration Act 1994, including meeting all reporting and disclosure obligations.
Planning and Optimisation
Develop strategies to minimise tax liabilities through effective use of deductions, credits, and exemptions.
Advise on the use of tailored tax codes to ensure the correct amount of tax is withheld throughout the year, reducing the likelihood of year-end tax shortfalls.
Assist with planning for significant life events that may impact tax obligations, such as inheritance, investments, or changes in employment.
Provisional Tax
Guidance on provisional tax obligations for individuals with residual income tax exceeding $5,000, ensuring accurate calculation and timely payments.
Assistance with managing cash flow implications of provisional tax payments.
Dispute Resolution
Support in resolving disputes with Inland Revenue, including assistance with the disputes resolution process as outlined in the Tax Administration Act 1994.
Representation during tax reviews and assistance in responding to Inland Revenue queries.
Refunds and Write-Offs
Assistance in claiming tax refunds and ensuring that any overpaid tax is returned promptly.
Guidance on eligibility for automatic write-offs of small tax amounts, particularly for qualifying individuals.
Investment Income
Advise on the tax implications of investment income, including interest, dividends, and rental income.
Ensure the correct Resident Withholding Tax (RWT) rates are applied to investment income to avoid underpayment or overpayment of tax.
Digital Tax Solutions
Utilise digital tools to streamline the tax filing process, ensuring that all income and tax credits are accurately reported and claimed.
Provide training and support for individuals to use Inland Revenue’s online services effectively.
