What business expenses can I claim?
It’s in every business owner’s best interest to track and claim all of their expenses. After all, the higher your expenses, the lower your profit. That means less tax to pay.
Starting a new business is both exciting and challenging, and at Traktion, we’re here to ensure you get off on the right foot. On our Guidance for New Business Owners page, you’ll find expert resources and advice specifically tailored to help entrepreneurs establish, grow, and sustain their businesses in Hawke’s Bay (HB). Whether you need support with strategy, accounting, or compliance, we’ve got you covered.
Launching a business is more than just having a great idea—it’s about having a solid new business strategy that aligns with your vision and goals. Our seasoned coaches provide tailored guidance to help you craft a strategy that optimises your resources, manages risks, and accelerates your business growth.
It’s in every business owner’s best interest to track and claim all of their expenses. After all, the higher your expenses, the lower your profit. That means less tax to pay.
Should you bring a personal vehicle into your business? Surprisingly, it’s sometimes better if you don’t!
Of course! The better question is – how much can be claimed?
Like most business owners, we love it when clients understand what we do and want to know more about our world.
As a business owner, it’s important to make enough profit to cover your personal expenses. But how do you determine your regular “income” when your accounts are only prepared annually?
Discover what’s in financial statements, why they’re created, and who finds them helpful.
One of your many obligations as a business owner is pay tax and my goodness, there are a lot!
Learn more on the tax that most small and medium business physically pays to Inland Revenue.
To register or not to register? That’s a very good question faced by business owners when starting up, and also when expanding operations. Read further for answers to your questions.
We’re going to break down the front page of the tax return – what are the components and how do they relate to the information you’ve given us?
Determining how much you pay yourself as a business owner hinges on factors such as your business’s financial capacity, market pay rates, and whether reinvestment could pay dividends.
We’ve highlighted business expenses can you (and can not) claim against tax.
Are you waiting for payments? Are your customers paying you on time? We’ve got 5 simple tips for speeding up payments and giving your cashflow position a boost.
75 Childers Road,
Gisborne 4010, New Zealand
75 Childers Road,
Gisborne 4010, New Zealand
75 Childers Road,
Gisborne 4010, New Zealand