Specialist Services

Charitable Trusts

Charitable trusts are set up to hold money or assets and carry out activities for the benefit of the community. They can be formed for the purpose of:

• Promoting education
• Poverty relief
• Promoting religion
• Miscellaneous benefit to the community

A charitable trust, as registered by the Registrar of Incorporated Societies, gains tax benefits when approved by the IRD. These tax breaks include the absence of duty on gifts to the trust and the absence of tax on income earned by the trust.

At Allaway & Associates we understand the practicalities of charitable trusts. Our experience in this area enables us to assist you with setting up a trust and using the trust in the most effective way to reach your charitable goals.

Company Secretary

Company legislation requires businesses to perform several administration tasks that take up a lot of valuable company time. The last thing you need as a business owner is to be stressed out trying to ensure you comply with the 1993 Companies Act. The potential threat of penalties for failing to keep up with the changing rules is too great a risk to take.

At Allaway & Associates we can relieve you of this burden. Our services include:

• General advice on company law
• Company formations
• Filing annual returns on your behalf
• Preparing all documentation related to minutes and resolutions
• Maintaining statutory books
• Assistance with changes of directors, shareholders, addresses, and office details
• Bonus issues
• Share transfers
• Registered office facility

Please contact us for further information on how we can help you get back to running your business.

Estate Planning

As unpleasant as the task is, estate planning is one of the necessities of life. Knowing your hard-earned assets will be dealt with in the manner you choose provides peace of mind.

For business owners, a plan for succession of ownership is essential. We can guide you through the process of providing for business continuity.

The executor and trustee of a will is required to perform a number of duties. At Allaway & Associates we are experienced in estate planning and can guarantee no deviation from the succession plan for your assets.

The areas of estate administration we can assist with include:

• Meeting to discuss objectives for your estate 
• Confirming assets - Valuations, inventories, and appraisals
• Court approval for a grant of administration
• Documentation involved in estate planning
• Protecting the assets
• Paying taxes and debts
• Estate distribution
• Administration Act

Farm Accounting

Farm accounting involves specific business, financial, and taxation issues, and a specialist understanding of the industry. At Allaway & Associates we keep abreast of the developments in both the farming and accounting industries, ensuring we are uniquely placed to provide up-to-date, accurate advice.

Our services include:

• Farm budgeting and cash flows
• Farm sales and purchases
• Ownership structures
• Preparation of financial statements
• Taxation
• Seasonal planning
• Succession planning

Information Technology

We live in a computerised age where technology enables us to enhance a wide variety of business processes. Using software and hardware effectively can provide enormous benefit to your business.

Here at Allaway & Associates we have embraced computerised systems, ensuring our trained, experienced professionals can:

• Discuss the best system to further your business
• Install and configure software to suit your purposes
• Recommend processes to make your computer system more secure
• Suggest accounting software applications suitable for your business
• Train clients to be self-sufficient users of a range of software applications 
• Offer advice on electronic banking

Whether you are thinking about obtaining new computer hardware, or looking at completely changing your business systems, our team is willing and able to assist you.

Rental Property

At Allaway & Associates we have the expertise required to assist you in a variety of areas relating to residential and commercial property. The services we offer include:

• Advice on purchasing a property
• Reviews of lease agreements
• Advice on funding
• Guidance on tax minimisation
• Advice on ownership structure
• Periodic reviews to ensure returns are maximised

The importance of forecasts in making a residential investment cannot be emphasised enough. We can provide you with forecasts for:

• Revenue returns
• Financial position
• Potential growth

Contact us today for more information on how we can assist you in the business of rental properties!

Retirement Planning

Achieving a comfortable retirement requires forward planning. You need to consider when you will retire, how much income you need for the retirement you desire, how to acquire that income, what role the government will play, and more.

The friendly team at Allaway & Associates can help you answer these questions and plan for the relaxing retirement you've earned.

Selling a Business

Selling a business can be a difficult, disheartening time, and the tasks involved can seem particularly arduous. At Allaway & Associates we remove the stress from the process.

The services we provide for preparing to sell a business include:

• Obtaining comparative results
• Establishing a realistic sale price
• Taking the business to the market
• Negotiating with potential purchasers
• Drafting a contract

Our friendly, professional staff can help you obtain a maximum return for your business.

Succession Planning

To ensure the long-term success of your business, it is critical to establish a well-designed succession plan. Coordinating the transition of your business to your successors can be an arduous process. However, with our years of experience we can address the complex issues of business continuation, removing the stress from your shoulders.

Contact us for more information on forming a plan that facilitates a hassle-free continuation of your business!

Trusts

A trust provides a valuable way of protecting the assets you have accumulated for the benefit of others. Our extensive experience with trusts enables us to offer specialist advice on trust formation and ensures all statutory requirements are met. Obligations for trustees can often be onerous, and our assistance in trust administration can prove invaluable.

We can assist with:

• Preparing and executing the vital documentation required for trust formation
• Attending to the special requirements involved in reporting for trusts
• Trust administration
• Minute-keeping service
• Annual accounts
• Taxation
• Asset management
• Investment monitoring
• Income distribution

Contact us today to ensure your trust is formed and administered as effectively as possible, covering all legal requirements and guaranteed to fulfil its purpose!

Valuations

Am I getting the best price for the sale of my business? Is the asking price too much? An independent valuation provides you with answers to the questions you often need to ask about the value of a business or property.

We are trained and experienced in business valuations and can provide you with simple guidelines and formulae to determine the value of your business or property. We can also appear in court or for arbitration as expert witnesses in relation to business valuations.

Choose Allaway & Associates for a professional, accurate valuation service!