This is just a name change to bring our accounting business under the 'Opes' name. Opes Accounting joins Opes Partners, Opes Mortgages and Opes Property Management. That means you can get all your property services in one place.

He’s spending more time overseas and is focussing on his other businesses. So we have a new team member on board.

The official change over happens on 1st April 2024. All you have to do is fill out a form, we'll be in touch with this.

Q: When does the official switch happen?

April 1st 2024, which is the start of the financial year. Once the financial year ends, Opes Accounting will sort your tax returns.

Q: Does the price change?

No. Our pricing remains the same. We’ll keep it the same throughout 2024. That means the flat pricing model stays the same:
<ul><li>$1350 + GST (for the first property in an entity)</li></ul>
<ul><li>$250 + GST (for every additional one)</li></ul><div>We don’t have any plans to increase our prices. But like any business, it could change in the future. At some point in the next 10 years, we’ll probably review our prices.</div>

Q: What do I actually need to do?

You will need to sign a new agreement with Opes Accounting. We’ll contact you around March 2024, a month before the end of the financial year. 
This is when we’ll speak to you about your tax return anyway. 
For most customers, there’s nothing else to do. We’ll handle the grunt work and change everything with the IRD at the same time.
There will be a few more steps if you have a more complex setup, like a corporate trustee.

Q: Do I need to tell the IRD anything?

No. When you sign your new authority with us, we will let the IRD know about the change.

Q: What if Momentum was my corporate trustee?

In this case, your situation is a little more complex. Because Matt Harris is leaving Momentum Property, we’ll need to transfer your corporate trustee to a new accountant. 
We’ll be in touch to give you the special attention you need.

Q: Are there any extra costs or fees?

No. Opes Accounting will grandfather everything as is. This means all old rules continue to apply to all existing situations. 
All existing Xero subscriptions from Momentum Property will stay with Opes Accounting, too. So there’s no extra money to pay here either.

Q: Why do I need to sign a new agreement if you are just changing names?

Matt Harris used to own part of Momentum Property. As part of Matt leaving, the Opes Group is buying out his shares. 
As part of this, it’s standard practice in New Zealand to start a new company under a new name.
Because it’s (legally) a new company, we need you to sign a new authority. 
We promise not to change the name again. So you won’t have to fill in this form again any time soon.

Q: What if I don’t want to stay with Opes Accounting?

As of April 1st, the company Momentum Property will no longer exist. If you would like to remain a client with Momentum, the answer is to stick with Opes Accounting. 
Effectively, it’s just a name change. The price, services, and all your details will automatically switch over. 
But you don’t have to stick with Opes Accounting if you don’t want to. If you decide to change your accountant, you can do that too. Let us know who you choose to move to, and we will help manage the transition.

Momentum Property is now called Opes Accounting

There are 3 things you need to know

We're rebranding to Opes Accounting

Our business partner, Matt Harris, is leaving.

All you need to do is sign a form

Here's the answers to many of the questions you may have