
NZ Business Guide to Summer Holiday Leave & Closedown Tips
The holiday break is coming fast. Here’s how to prepare your business for a smooth, stress-free summer shutdown.
Business setup, choosing the right structure, managing taxes, GST, payroll, and expenses.

The holiday break is coming fast. Here’s how to prepare your business for a smooth, stress-free summer shutdown.

Understanding your numbers is one of the most powerful tools for business success. By mastering your financial reports—Profit & Loss, Balance Sheet, and Cash Flow—you can track growth, identify trends, and make smarter decisions.

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?
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.