Requirements for accounting and taxation for trusts have increased over the last few years with the introduction of the Trusts Act 2019 and, beginning in the 2022 financial year, increased reporting and disclosure requirements from the IRD. Additionally, a new trustee tax rate will come into effect from 1 April 2025, adding another layer to the complex landscape.
If you have a trust, you will be aware that having an external accountant is part of good trust management.
If you’d like to organise a no obligation meeting to discuss your accounting requirements, please get in touch.
