Urgent: LTC Election Forms
Posted
Tuesday, 20 September 2011
by
Brena Smith
We've been sending LTC (Look Through Company) election forms to clients who will benefit from a LTC structure. It's super important these are signed and returned so we can get them to IRD before 30 September 2011. This is part of LAQCs ending.
Please note LAQCs do not automatically become LTCs but instead become a normal QC (Qualifying Company) if the election forms are not submitted. This may mean an inability to claim any losses in your personal tax return.
For more infomation about this please see this news item.
If you have any questions please contact us ASAP. Time is running out quickly.
We're always happy to help and talking with us is always free.
Please ask us