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?
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?
Determining how much you pay yourself as a business owner hinges on factors such as your business’s financial capacity, market pay rates, and whether reinvestment could pay dividends.
We’ve highlighted business expenses can you (and can not) claim against tax.
A time-honoured way to re-balance the cashflow scales is to get in better control of your spending. Here are some proven ways to cut costs in business.
75 Childers Road,
Gisborne 4010, New Zealand
75 Childers Road,
Gisborne 4010, New Zealand
75 Childers Road,
Gisborne 4010, New Zealand
