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.
Business Owners: How to Pay Yourself
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?
Unravelling the Roles: Directors vs Shareholders
Shareholders and directors work hand-in-hand to steer the company forward. Each has separate, distinct roles, responsibilities, and potential liabilities.
