Income tax and GST have become far more complicated over recent years, and the stakes have risen considerably.

The Inland Revenue Department now imposes “shortfall penalties” ranging from 20% (if you fail to take reasonable care, or take an “unacceptable interpretation” of tax law) to 40% for gross carelessness and 150% for tax evasion.

With penalties like this lurking in the background, you need competent tax advice that minimises both your tax and your risk.

We can assist you in all areas of income tax and goods and services tax including:

• Objecting to tax assessments
• Negotiations with the Inland Revenue Department
• Dispute resolution
• Binding rulings
• Structuring your affairs to minimise your tax
• Appearing before the Taxation Review Authority on your behalf
• Corporate structuring and planning
• Due diligence
• Legal research and opinions to identify best options

For further advice on tax matters, contact Les Allen.