Protect Yourself from Unexpected Tax Audit Costs with Audit Insurance

Protect yourself from the cost of IRD audits with audit insurance. Audit Shield covers the professional fees so you’re not caught out by surprise tax reviews.
Budget 2025: What It Means for NZ Businesses

Budget 2025 was delivered on 22 May with a strong focus on investment into NZ infrastructure — wondering what this means for your business?
A Business Budget and Why You Need One

We believe having a budget is essential for business success.
A solid budget isn’t just a financial tool — it’s the foundation for smarter decisions, clearer goals, and real business growth.
Minimum Wage Increase

Minimum Wage is Increasing on 1 April 2025 – Is Your Business Ready?
The Key to Business Success: A Solid Business Plan

Our Business Planning Workshop is designed to equip you with a practical, Business Plan that acts as a roadmap to guide your business towards success.
Why we ask questions at tax time

Our purpose is to keep you tax-compliant and put you in the best possible tax position!
Are you prepared for tax time?

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.
Your Business Plan: The Roadmap to Success

A business without a plan is like a ship without a rudder. Our guide outlines the key benefits of a solid business plan and how it keeps you on course for success.
Streamline Your Business with Traktion’s HR Solutions

Traktion is thrilled to announce the launch of our Human Resources (HR) services! We’re here to help streamline your business operations, optimise team performance, and support your growth with tailored HR solutions.
Christmas Holiday Season Expenses

The holiday season is a time for giving, celebrating, and showing appreciation to your employees and clients. For businesses, this often means extra expenses—but did you know that many of these costs could be tax-deductible?
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.
What is a Shareholder Current Account (SCA)?

An SCA can be a bit of a mind-bender because you have to keep in mind that the company isn’t you!
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.
Can My Business Own My Car?

Should you bring a personal vehicle into your business? Surprisingly, it’s sometimes better if you don’t!
Can my business claim motor vehicle expenses?

Of course! The better question is – how much can be claimed?
Speaking in Numbers. Accounting Terms Explained.

Like most business owners, we love it when clients understand what we do and want to know more about our world.
Tax pooling – answering your questions

Tax pooling has been around since 2003 but most people have no idea of this attractive option to pay income tax.
Personal Income Tax Threshold Changes

The personal income tax (PIT) brackets have been updated in Budget 2024. Is your payroll system prepared for these changes? Read on for the details on the new income tax brackets.
Progress of accountant (internal)
Notes for what accountants should be able to do after periods of time.
Fringe Benefit Tax – is it Fair?

Employees who received fringe benefits as part of their pay should be taxed, just like regular wages.