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Is your small company holding some hidden treasure?

  • miriam2285
  • Nov 7, 2022
  • 1 min read

Updated: Nov 16, 2022

We'd all like to find some extra money somewhere, right? Well, that hidden treasure might be closer than you think! When a company pays income tax it earns ''imputation credits''. The company can then pass these imputation credits on to its shareholders when it pays out a dividend. By the time the dividend income reaches the shareholders most, if not all, the tax has already been paid! So make sure your small company is not holding on to some of these valuable imputation credits while shareholders pay full tax on their shareholder salaries. Start your treasure hunt today! www.oconnorca.co.nz


 
 
 

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