IRD have changed the “authority to act” requirements

The IRD has advised they have changed their requirements around an agent (that’s us, your accountant) getting your authority to act on your behalf.

An authority to act for you as an individual client doesn’t extend to any of your related entities, e.g. a company, partnership or trust. We, as agents, will need a separate authority to act for each IRD number we’re linked to. For non-individuals we must have all signatures for the entity if there’s more than one director, trustee, partner, or person with delegated authority from the other members.

In light of this, over the next few months we will be re-issuing our letters of engagement, where applicable, so that we are in compliance with the new IRD requirements. We apologise for any inconvenience, and if you have any questions, please don’t hesitate to ask.