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What to do if you get audited - 28th November 2018
No business owner looks forward to a letter from the taxman requesting a closer look at the books.
If you've received an audit letter - an official request by the tax authority to review your accounts and confirm your taxes have been paid to date - don't panic. Prepare.
These four steps will help you get through the process with minimal stress and the best possible outcome.
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10 Tips to Reduce Debtor Days for Small Business Owners - 13th November 2018
Steady, reliable cash flow is crucial for the
survival of any small business - so taking steps to ensure your customers pay promptly
should be a key priority.
When your clients consistently pay on time, you'll avoid
the dreaded "feast or famine" cycle. You'll be able to pay your vendors,
suppliers, and employees on time - and not least of all, yourself.
Implement these ten tips now to start getting paid
without delay.
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The Work Christmas Party - 5th November 2018
It's not quite Christmas time yet, but most businesses will be in the process of thinking ahead to the yuletide festivities, if not already into well-advanced planning. One of the perennial questions is if and how fringe benefits tax applies to these activities.