How does a Shareholder Current Account work?
A Shareholder Current Account is a record of transactions between a company and its shareholders. Let’s explain how it works.
At Traktion, we are committed to empowering businesses with the insights and strategies needed to thrive. Our business accounting statement blogs cover essential aspects of accounting, tax obligations, and financial reporting. Whether you’re a small business owner in Hawke’s Bay (HB) or an established enterprise, our resources are designed to simplify your financial processes and keep your business on the path to success.
Understanding and managing your business accounting statements is crucial for making informed decisions, maintaining compliance, and driving growth. Our blog section is packed with practical guides on everything from understanding shareholder accounts to optimising tax planning strategies.
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!
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?
Parliament has been hard at work, and the Taxation (Annual Rates for 2023–24, Multinational Tax, and Remedial Matters) Bill has been pushed through and now awaits Royal assent. Here are the highlights and how it may impact your personal situation.
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.
Property investment offers long-term wealth growth potential, with distinctions between residential and commercial property advantages and tax implications to consider.
Fringe Benefit Tax is one of the trickier areas of day-to-day taxes for businesses. We can help you understand the complete costs of those perks and look at options.
Health and safety can feel overwhelming for small businesses – Here’s some information on how to comply with your obligations.
75 Childers Road,
Gisborne 4010, New Zealand
75 Childers Road,
Gisborne 4010, New Zealand
75 Childers Road,
Gisborne 4010, New Zealand