The Business Advisory Blog

Insight, news and updates from Alliott NZ Chartered Accountants, Auckland New Zealand. The views expressed here are the views of the author and should be discussed in further detail should an article be relevant to your individual circumstances.

While every effort has been made to provide valuable, useful information in this publication, this firm and any related suppliers or associated companies accept no responsibility or any form of liability from reliance upon or use of its contents. Any suggestions should be considered carefully within your own particular circumstances, as they are intended as general information only.

Income protection

ACC and the Self-Employed

An appropriate personal income protection cover should sit alongside ACC and provide financial security if either injury or illness strikes. Brett Pearce outlines some options.

Family business

Succession Planning for family business using Life insurance as a tool

Often when one of your children are involved in your family business or farm this creates disparity for your other children in the event of your death. A simple solution can be using Life insurance to enable your child involved in the business to buy your share of the business from the estate.

Insurance payments

Declaring insurance payments

If you receive any insurance payments, they may affect the amount of tax you pay. If you're a business or rental property owner, you may need to declare some insurance payments in your income tax and GST returns. These could affect the amount of tax you pay.

The Business Advisory Blog

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