Page 15 Advertisements Column 1

Ruapehu Bulletin, Volume 13, Issue 638, 28 May 1996, Page 15

an accountant. Advertising Feature i| 1 " '/^\ -' ^BS^^^wwls , 5 "/- m^m $w - -- i ■.„■■ 1 : %8£g&Mg«»gjig|8gi8j^^ »m»» wmmmtmm 'W'^®. SSSft* •- &,**»% > V-»' vx**i^\sa»«Mj-S, *MM*B&&X H W M s> »■• ,* ^ «&■■ ' x ,--, ' 8»|&ttMftl8!^ wv;/ft,v^ » ««%& Hj ' vy- .^^VW^i^-xx, -vs'v/x^x w« S» W« rWKSSS «>vx" MMftMMgMfel^ v v •.".Sn/ *#«. v^ivX/W ••>•- * » "

WHYDOI NEEDAN Advertorial ACCOUNTANT? The Inland Revenue Department sees a narrow "taxonly" picture of your affairs; they ignore ways to reduce tax; they don't help plan your future tax affairs; on the information provided the answer will be correct. An accountant looks at the whole picture. For superannuitants, it may not be necessary to pay the surcharge. They can look into Family Support - are you entitled to claim this? Your Community Services Card entitlement should be reviewed each year especially if your family circumstances are changing. Student allowances are based on both parents' taxable income. Your accountant finds legitimate ways to reduce your tax. For example, long term investment income may need looking at, and rental properties often can be structured to result in a taxable loss. An accountant should help you plan your future and should be timely. Peach Cornwall & Partners electronically file tax returns which speeds up refunds and reduces errors. How to Choose your Accountant Look for the personal factors: can you talk openly and comfortably?; do they listen and care about your situation?; what support and back-up are available; are they available to see you when you want them? This article was written by Erin Rennie, Chartered Accountant. Erin is the associate in charge of the Ohakune office of Peach Cornwall & Partners.

Tax reductions shouldn't rule out seeking tax savings advice

Advertorial "Sewell & Wilson is well qualified to give wide-ranging assistance and advice to rural and commercial clients with particular emphasis on assisting clients to improve their businesses and achieve their personal goals," said senior partner Douglas Wilson. "As a firm of chartered accountants we draw on our experience and training to advise clients on how best to arrange their financial affairs, ensuring that they are both prudent and tax effective. The most important prerequisite to success in business or farming is planning. One can enjoy one's

business much more if there are no nasty surprises. We are keen to help our clients in that area and to assist in monitoring the outcomes." For farmers considering the dairying option the firm is able to assist in the evaluation process having had considerable experience in the dairy industry. "Although taxpayers will benefit from a reduction in income tax from 1 July they should still ensure that they are not paying more tax that they legally have to. Tax savings can often be achieve by changing the way a business in structured." Tax rates today are well below what they used to be and though we do still receive enquiries about the tax savings of extra expenditure before year-end it is often more prudent to defer or cancel the proposed

expenditure if the primary motivation is to save tax. "By not spending that extra $1000 you may incur an additional $240 or $330 in income tax but by keeping the balance, $760 or $670

you are better off as a result," said Mr Wilson. Sewell & Wilson have almost completed renovating their premises in Clyde St, Ohakune, including the installation of modern office equipment.

|]£xperience the ■ difference I with WtWt I Sewell I MWIIson HE* CHARTERED ACCOUNTANTS Michael A. Sewell, F.C.A. Russell C. Sears, B Com., C.A. Douglas W. Wilson, B.C.A., C.A. Stephen P. Lace, B.B.S., C.A. 62 Clyde St, P.O. Box 55, Ohakune B Phone (06) 385 8190, Fax (06) 385 9479

our 0ft22bz£2b3i5se!i^l We have good local expertise, We are great listeners, and someone is always available I . ' * t" \ Corrie onct see us, jjoxji're oluuoxjs loelcome! CONTACT: Erin, Renier, Barbara, Nikki, Robyn, Michelle, Janet or Andrew I Peach Cornwall HERL7 & Partners ^ chartered accountants hflhhhil' Ayr 5t, Ohakune. Phone 585 88Q1