
Why we ask questions at tax time
Our purpose is to keep you tax-compliant and put you in the best possible tax position!
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.
Our purpose is to keep you tax-compliant and put you in the best possible tax position!
Tax season is the perfect opportunity to get ahead! It’s important to take some time to reflect on what’s worked well so far and plan for a future that’s even more successful. Even the smallest change can result in tax savings.
A Shareholder Current Account is a record of transactions between a company and its shareholders. Let’s explain how it works.
An SCA can be a bit of a mind-bender because you have to keep in mind that the company isn’t you!
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.
Tax pooling has been around since 2003 but most people have no idea of this attractive option to pay income tax.
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.
75 Childers Road,
Gisborne 4010, New Zealand
75 Childers Road,
Gisborne 4010, New Zealand
75 Childers Road,
Gisborne 4010, New Zealand