IR 315 oat Inland Revenue Business cessation te lari Laake Plonae give us the following Information 80 we can cease PAYE andior GST registrations for your busines {your partneratip haw oeneed and your raturne and accounts are up to date, we will be able to cease your business. ‘2 no-objeotion falter to approve strike off for companies, you do not need to use this form. I with mylF or write In, you only Plane wend 112763538 ver wht ve Ind ‘pea Fruninae (@igh numbers startin second box. 12208674) Namo of buinens (fone existed) 208 CARLTON STREET, BELLEVUE fre aru TAURANGA Town ory An of bonnes Tho uhove busin has ceased, ors about to cease is being sold, orhas been sold Dato of ennnation 31032017 ny Mon Year Buniness type Ware you nall-employod? No 7 Yes You must include your business accounts (up to the date you ceased business} in your Individul tex rturn (IR 3). Wan the businoan a partnorahip? — ¥ No Yes Companies only {1 your company I goin to be non-active, but wil continue to exist, you must complete a Non-active company declaration (IR 433) oe tiie muna you wil nol have 1 file Income tax returns between the end of trading and the company being removed from the Now Zoalnnd Companvos Otfica rogiator, I your company is boing wound up or liquidated, please phone us on 0800 377 774 and wel provide you with further information ‘about what you nodd to do. Employors |Whon you conse business and stop employing, you must sit complet al he employer month schedules upto the date of connation, {I you aro alt provting fringe benef to other sharoholder-empleyees or past employees, you must continue to fle FBT retums, Wore you an employor? v No Yoo What date aid you stop or do you intend to slop employing? Dey Mow Year (For companies this includes sharehoider- employees.) Wore you providing hinge benatts? —yNo ‘Yes It you were liable for fringe benefit tax, what period will your last FBT return cover? to ny Mon Yar Oxy Month Year vaya‘Accounting for GST when selling your business. Ifyou sold or are saling assels which were used in your taxable actvily, you must include these in your GST return. This also Includes assets which were acquired belore GST was introduced on 1 October 1986, you are seling all or part of your taxable activity to another GST-registered person as a going concern, the sale may be zer0- rated. This means GST on the sale will be charged at 0% instead of 15%. You must give the buyer a tax invoice, which shows that the sale of the business was zero-rated, An agreement in writing, thatthe sale isa going concern, must have also been reached between both parties. you are keeping your assels alter cancelling your registration, ‘You will have to make an adjustment in Box 9 of your final GST retumn i you keep ary of the assets which have been used in your taxable activity. The amount to include as an adjustment is 3/23 of the open market value of the assete atthe time of tho Cessation (one-ninth of the open market value if cessation was prior to 1 October 2010). Ifthe assets were purchased belore 1 October 1986, the value ol the assets can be based on the lesser of: = the cost, or = open market value (atthe time of the cessation). This adjustment applies to assets kept for use in another business and to assets kept for private use. If your business has ceased, you must make sure you have accounted for GST on all money owed to you by deblors and all money that you owe to creditors, Detore you cancel your registration. Do you wish to cancel your GST registration? ‘What date should your GST 3.1 03 2.0.17 _ Myouarestil making taxable supplies, the finish date must registration finish? ng eke SS We bbe after you stop production. Whst pedod il you leet Go 01032017 & 31032017 return cover? Sy car bar Beate es Which GST return includes an © adjustment for assets retained? ay aro er ty aca ar Please list hese assets and ter valu open marl vali), teri neuen! space please anach a separate schedule, Assets retained $ TA a $ $ $ $ If you sold your business as a going concern to another registered person, please show the sale price, the purchasers name and GST registration number. Purchaser's GST number | | Purchaser's name Date of $ supply omy Wen ear ‘The sale ofa gong concern oa registered person may be zaro-ated. The vendor and purchaser must agree in writing that the Upp is a going concarn and te purchaser must be GSTrepstered, Inde th sale price in Boxes 5 ard 6 of your final GST return. Comments Declaration deck tion given on this form is tue and correct. Stenre ‘declare that the information gi 27 02 IF Name JORGE GOMEZ . Be Contact phone numbers 022 4094561 022 4094561 Devine Moote