Hammond Davidson Ltd

04/03/2026

Succession planning isn’t just about good intentions. It’s about structure, objectivity and having the right people in the room. Succession conversations sit at the intersection of family and business and those two worlds don’t always align. It’s easy for family considerations to outweigh business realities. But farming is already a juggling act. The needs of the business must be carefully balanced alongside the needs of the family as they both matter and need to be protected.

The challenge? Most families are experts in farming not in governance, legal structures, or facilitation. That’s where things can stall, or worse, become strained. Having the right external facilitator in the first family meeting helps keep conversations productive, focused and fair. It creates space for everyone to be heard, while ensuring the long-term viability of the business remains central to the discussion.

As accountants, we’re uniquely positioned to guide these conversations and ensure the family meeting runs more harmoniously. We understand the business structure, the financial landscape and the family dynamics that sit behind it. That perspective allows us to help families navigate what can often feel like complex, emotional territory with clarity and confidence.

Next in the series: After the family meeting comes the report back options, recommendations, and a clear implementation plan. We’ll unpack that next time. If succession is on your horizon, let’s start the conversation.

Get in touch with our team to plan the right way forward.

https://hammonddavidson.co.nz/contact/

26/02/2026

19/02/2026

Our Gore office is undergoing some renovations from the 23rd February.
As a result of this, the reception area will be closed for safety reasons. If you are needing to drop something off to the Gore office, please give us a call and we can make arrangements.

Thank you.

13/02/2026

We’re moving our butts for bowel cancer – and we’re just getting started!

Our team has officially smashed our original $1,000 fundraising target… and we’re currently sitting at an incredible $1,747 raised.

The support has been amazing – thank you to everyone who has donated so far. But we’re not stopping there.

Together, we’ve already clocked up 592 kms as part of the Move Your Butt campaign, and we’re well on our way to hitting our ambitious 2,300km target. Every step, run, walk and kilometer logged is about raising awareness for bowel cancer and supporting the vital work being done in this space.

Bowel cancer is one of the most common cancers in New Zealand – and early detection truly saves lives. That’s why this campaign matters. There's still time to get behind us, donate, or simply help spread the word. Let’s keep the momentum going and make an even bigger impact.

We’re lacing up, logging the kms, and moving with purpose. Let’s do this.

If you would like to donate to this initiative this can be done here: https://www.moveyourbutt.org.nz/fundraisers/hdgirls

12/02/2026

Kylie & Emma spent the morning out at the Southern Field Days.

Enjoying the sun with great people, good connections & good vibes!

30/01/2026

Between the beach trips, barbecues and a good book in the sun, the holidays are not only a great opportunity to relax and unwind, but to also pause and reflect.

The HD team has been using the break to think about what’s worked, what’s next, and where we want to focus in 2026. Whether it’s reviewing goals, setting new ones, or simply realigning priorities, these quiet moments of reflection can make a big difference.

Whether you’re feeling excited, unsure, or somewhere in between, we’re here to help you navigate what’s next for your business in 2026!

15/01/2026

At Hammond Davidson, we’re proud to continue our support of Southland Country Cricket, helping local kids develop their skills, teamwork and love of the game. This season, seven players from our own client families are representing the Year 7–10 teams, competing across tournaments in Alexandra (December 15th to 17th), Gore (January 7th to 9th), and Timaru (January 16th to 18th).

From T20s to T40s, these young cricketers are showing real commitment and pride in representing our rural community. For over five years, we’ve loved supporting local youth sport and continue to do so, as it’s so rewarding to see them enjoying the game and making the most of these opportunities.

Good luck to all the teams in the upcoming tournaments!

07/01/2026

Buying or selling a property or business? Here’s what you need to know about sale price allocation rules.

With property and business transactions steady, the IRD is paying particularly close attention to how purchase prices are allocated. Getting it wrong can trigger audits and unexpected tax outcomes, so it’s more important than ever to get it right.

If your transaction involves $1m+ in business assets or commercial property, or $7.5m+ in residential land and chattels, the purchase price allocation rules apply. These rules ensure buyers and sellers use the same asset values for tax purposes, avoiding mismatched positions.

What to keep in mind:
-Aim to agree on allocation in the sale and purchase agreement.

-If there's no agreement, the seller can set the allocation within three months of settlement and notify the buyer and IRD.

-If the seller doesn’t act, the buyer can allocate within the next three to six months.

-Allocations must reflect genuine market value and can impact tax outcomes like depreciation recovery and capital gains.

-Before signing a commercial agreement, it’s wise to get both tax and legal advice to understand the full picture.

If you need support navigating these rules, the Hammond Davidson team is here to help - https://hammonddavidson.co.nz

23/12/2025

The Hammond Davidson team is signing off for a well earned break - everyday we love working with our fabulous clients and aim to go above and beyond. Wishing everyone a very merry Christmas and hope you all get to have some special family time 🌲🎄🎅

23/12/2025

The team at Hammond Davidson wish you all a Merry Christmas and fun festive season.

We are closed for the break but will be back on board Wednesday 14th of January 2026.

If you have any urgent matters you can contact Amanda, Emma or Kylie by calling the office and getting their cell numbers.