Shand Thomson, Farm Accountants, Balclutha, Investment Advice, Financial & Asset Planning, Succession Planning

By: Shand Thomson  06-Dec-2011
Keywords: Financial Planning, Estate Planning

Our relationship with professional investment advisors can be of assistance to you in helping you achieve your long-term investment objectives.

We are able to:

  • facilitate your introduction to professional investment advisors
  • attend investment meetings with you and your financial advisors
  • help you evaluate and implement the advice you receive from investment advisors

Financial planning involves setting a long term strategy which takes into account personal as well as financial objectives and lifestyle aspirations.

We can facilitate your financial planning by helping you:

  • establish a clear picture of your goals and aspirations
  • assess your future financial needs and identify risks which may prevent you achieving your lifestyle objectives
  • document the plan and identify key issues
  • implement and monitor the plan

Alternatively we can facilitate your introduction to a professional financial planner.

Everyone should know where they are going and what they would like to happen when they retire.

Planning for your retirement includes the succession of your business to other parties.  This needs to be planned well in advance of retirement and assistance is often provided by an outsider, such as ourselves, who can offer impartial advice.

We are well placed to help you identify the income and assets that you will require to maintain your chosen standard of living in retirement.

Your accumulated wealth is potentially under threat from a wide range of events including business or investment failure, relationship claims, the cost of accident and illness, and government taxes and clawbacks.

We can help you:

  • identify the risks
  • put strategies in place to mitigate risks

Estate planning is important in ensuring the smooth transition of your business assets and investment to your family.

We can help you to:

  • Put structures in place to minimise the costs and disruption associated with death and succession

Keywords: Estate Planning, Financial Planning

Other products and services from Shand Thomson


Shand Thomson, Chartered Accountants, Business Advisors, Balclutha, Otago, New Zealand

We'll help you manage every aspect of your business, and because we establish a one-on-one relationship with each of our clients, our advice will be tailored for your business. Estate Planning & Asset Protection.


Shand Thomson, Balclutha, Farm Accountants, Annual and Management Reporting

Your annual financial transactions are analysed and collated into an annual report which includes additional information to help you understand your financial position. This service enables you to manage your business from a position of knowledge, with financial reports that are accurate and informative. Farm trends and comparisons - your farm performance may be compared against district benchmarks and trends are graphically illustrated.


Shand Thomson, Balclutha, Farm Accountants, Administration Support Services

Our support team can provide you with word processing and desktop publishing assistance including. As a business owner, you will use many tools during the day to day management of your businesses. We can attend to your company or trust administration and will. On occasion you may need access to secretarial support. Payment of creditors by electronic transfer. Maintaining a payroll system requires time. Processing of invoices for payment.


Shand Thomson, Balclutha, Farm Accountants, Business Plans, Human Resources & Start Up Support

Estate planning is never an easy topic to broach but it is one that is essential to consider so that your dependants and/or beneficiaries do not have to deal with financial worries in what is usually a traumatic period. This needs to be planned well in advance of retirement and assistance is often provided by an outsider, such as ourselves, who can offer impartial advice.


Shand Thomson, Balclutha, Farm Accountants, Farm Budgeting, Performance Monitoring and Benchmarking

Shand Thomson believe benchmarking your performance against your own trends and other like properties can help you identify opportunities for development and fine tuning on your farm. Shand Thomson is an accredited user of the Dairybase national database and we facilitate the entry of results into the database and the interpretation of key performance indicators.


Shand Thomson, Balclutha, Farm Accountants, Cashbook and Computer Software

Would like an integrated computer package to manage their debtors, creditors and financial records. Our team has a wealth of practical accounting and computer experience which you can utilise to. Explain accounting and computer terminology in plain english. Require advice when purchasing a computer system. Are reviewing their business management systems. Wish to computerise their payroll system. Want to prepare their own cashbook.


Shand Thomson, Balclutha, Farm Accountants, Taxation Services & IRD Liaison

Our system also calculates your taxation obligations and automatically generates payment reminders to ensure you are not exposed to late payment penalties. Taxation can be a confusing topic, however we specialise in preparing income taxation returns for individuals and every type of business entity structure. If you have employees to whom you provide benefits other than a salary or wages then you could be liable for fringe benefit tax.