If you own or run a commercial property of some kind, you’ll want to maximise your income and control your expenditure. You’ll also want to take full advantage of any tax deductions and will want to pay particular attention to a depreciation schedule. However, calculating the schedule and applying the rules correctly can be difficult without incurring problems or missing some savings. Why do you need to be particularly aware of the difference between repairs and improvements and how you handle them? Read More»
Have you thought about life after paid work? While retirement may seem like a long way off, it is important that you start saving for it now. If you’re like many working people, you might be wondering about how best to save for your golden years.
Here’s what accountants recommend for successful retirement planning.
Live Within Your Means
One of the main reasons many people struggle to save for retirement is because they are living extravagantly. Read More»
Accurate tax returns and financial statements show where your business was and also where it’s going. Every big or small businessperson should work closely with a qualified accountant if they want to get the right business growth options. Professional accountants have the financial planning and analysis capabilities that your business needs to expand. They use detailed financial expertise and big-picture strategic thinking to create massive growth for your business. They also understand the challenges that most businesses go through and how they can be mitigated. Read More»
As a business owner, you have to juggle a few different insurance products. Some are easier to understand than others. For example, if you work in construction, you’ll want to insure your tools and equipment against theft or damage. You also know that you need workers comp in place in case anything happens to your guys when they’re on a job.
You may not, however, know that much about public liability cover. Read More»
