Work through the points below to straighten things up for the end of the tax year. Ask us if you would like more information. Think About: Deductions Bad Debts: Write bad debts off in your debtor ledger before balance date so you can claim a deduction. Make sure your records show you have taken […]
Whether you’re planning a new product a new business venture or simply brainstorming, here are some tips to help boost creativity and innovation within your business: Don’t assume the current way is the right way. Challenge long standing processes that are currently used within your business and promote evolution of new systems and ideas for your […]
As previously signalled in earlier blog posts, new rules on claiming expenses for mixed-used assets such as holiday homes (assets being used both privately and for earning income) have been passed in to law. Previously expenses have been subject to a private to business ratio (including when the asset was available for use even if […]
