The Trust Tax Rate Has Increased to 39% From 1st April 2024

From the 1st April 2024, the trust tax rate has increased from…
Trust Puzzle

New Zealand’s Family Trusts Face Tax Hike in Budget 2023

Introduction: The recent Budget 2023 announcement of an increase…
trustee liabilities

The new Trust Act and how it impacts you

This post is by Giles Ellis, an experienced business coach and…

How to choose the right business structure for your residential rentals after ring-fencing losses were introduced

  After you buy your first home and accumulate some…
trustee liabilities

Your trustee liabilities: are you aware of them?

I meet many people who are trustees of other people’s trusts. Generally these trusteeships are taken on by well-meaning friends or family who have limited, if any, understanding of the obligations and even more importantly - the trustee liabilities.

Food for Thought: Pros and Cons of a Family Trust

Do you have a family trust? It’s more than likely with an estimated…

Does your professional trustee know what to do if you aren’t around?

Often, settlors of a family trust think that in the event of…

Does your Family Trust have an IRD number?

If you have a family home in a trust, changes proposed under…

Managing your family trust in the cloud

It’s common for people involved in family trusts to underestimate…

Trust Deed Review – do I need one?

Got a trust? Most likely – it’s estimated there may be more…